📉 $AUCTION / USDT Faces Downward Pressure
🔹 Current Price: $19.16
🔹 24H Change: -12.39%
📊 Key Metrics
24H High: $25.9024H Low: $18.8424H Volume ( $AUCTION ): 2.43M24H Volume (USDT): 52.27M
🔍 Analysis
The AUCTION/USDT pair has seen a significant drop of -12.39% in the past 24 hours, with the price falling from its daily high of $25.90 to a low of $18.84. The price is currently trading below key moving averages (MA7, MA25, and MA99), indicating strong bearish momentum.
After testing the support at $18.84, the price is hovering around $19.16, suggesting potential consolidation or a short-term recovery.
🚦 What to Watch
Will the price hold above the $18.80 support, or will it break lower?Traders should monitor for a possible bounce back to $20 resistance if volume picks up.
Share your trading strategies and thoughts in the comments below!
