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Aptos (APT) Targets 69% Surge to $24

Aptos' [APT] Total Value Locked (TVL) has reached an all-time high of $1.09 billion, signaling increased adoption and investor confidence. APT is positioned for a significant breakout, with forecasts pointing to a 69% rally that could push its price to $24.

Key Statistics:

1. APT TVL: $1.09 billion (all-time high)
2. APT price: $14.20
3. 24-hour change: 5.42%
4. Funding Rate: 0.0450% (yearly high)
5. Open Interest: $279.77 million (up 1.73%)

Analysis:

APT's breakout driven by:

1. Record-breaking TVL
2. Bullish sentiment in derivatives market
3. Cup and handle pattern formation

Projection:

1. Potential target: $24 (69.79% gain)
2. Support level: $12.50
3. Resistance level: $18.50

Risks and Challenges:

1. Market volatility
2. Profit-taking and consolidation
3. Derivatives market risks

Predictions:

1. Short-term: Breakout above $18.50, targeting $24
2. Long-term: Sustained growth and adoption
3. Market sentiment: Bullish