Aptos (APT) has experienced a significant 11% price increase in the last 24 hours, fueled by a surge in derivatives open interest, which has reached $275 million. This rise in interest is accompanied by increased trading volumes, indicating heightened market activity.
The bullish momentum is further supported by short liquidations amounting to $445,950, reflecting a shift in market sentiment. Technical indicators such as Bollinger Bands and the Money Flow Index suggest the potential for a continued price breakout, with targets possibly reaching $4.
Aptos (APT) Rallies 11% as Derivatives Interest Peaks
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
