$AUCTION /USDT Technical Analysis

Current Price: $19.58

AUCTION is showing high volatility after a recent price drop of -6.49% in the past 24 hours. With a strong volume of $53.41M, we anticipate potential trading opportunities ahead.

Targets to Watch:

1️⃣ Target 1: $21.50

This level aligns with minor resistance and could act as the first bullish stop if buying pressure increases.

2️⃣ Target 2: $24.00

A critical resistance level. Breaking this could lead to a strong upward momentum, driven by market sentiment and higher trade volumes.

3️⃣ Target 3: $26.00

A psychological and previous high level. If the price breaches this, it could indicate a breakout and continuation of the bullish trend.

Support Level: $19.00

This acts as a key zone for buyers to defend. A breakdown below this could trigger further downside.

Analysis Tip:

Keep an eye on RSI and volume spikes for potential entries.

Maintain proper risk management as AUCTION is highly volatile.

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