The price of Aptos (APT) cryptocurrency has increased by 4% and is trading at around $6.56 after breaking above a falling wedge pattern. Mereo, a social engagement platform, has announced a partnership with Aptos to enhance K-Pop fan experiences, contributing to the positive outlook for the platform. The long-to-short ratio for APT on the Coinglass platform has also reached its highest level in over a month, indicating that more traders are betting on APT to rally. The collaboration with Mereo highlights the versatility and appeal of Aptos across different sectors. The price breakout and pattern indicate the potential for APT to continue rallying, and technical indicators such as the RSI and MACD support a bullish outlook.
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