📊$AUCTION / USDT Market Analysis
Current Price: $21.08
Change: +17.37% 🚀
24H High: $22.58
24H Low: $17.51
$AUCTION is trending as one of the top gainers in the DeFi category with a 17.37% surge in the last 24 hours. Buyers have shown strong momentum, pushing the token price to test higher resistance levels.
Technical Highlights (15-Minute Chart):
Moving Averages (MAs):7-MA (yellow): $20.88 – providing near-term support.25-MA (pink): $20.87 – aligning closely with the 7-MA, showing price consolidation.99-MA (purple): $19.43 – reflecting the long-term upward trend.
Price Action:
The price hit a peak of $22.58, followed by a retracement, and is now stabilizing around $21.08.Recent candles suggest consolidation, possibly forming a base for the next upward move.
Volume Insights:
AUCTION Volume: 1.06MUSDT Volume: 21.92M
High trading volumes indicate solid market activity and trader confidence.
💡 Trading Strategy:
Bullish Case: A break above $22.58 could pave the way for further gains towards $23.00+.Support Zones: Look out for support at $20.88 (7-MA) and $19.77.
Key Levels to Watch:
Resistance: $22.58 (24H high) and $23.00 (psychological barrier).Support: $20.88 (7-MA) and $19.43 (99-MA).
AUCTION has displayed significant bullish momentum in the short term, supported by increasing volume. Watch for potential breakouts or dips for strategic entries. 🚀
What’s your prediction for AUCTION? Share your targets below!
