$AUCTION , $ZEN , $CTXC , #DEXE , #THE , and #G Technical Analysis 🔥
These coins are facing some significant downward pressure, with AUCTION, ZEN, CTXC, DEXE, THE, and G all showing notable losses. Let’s break down the key levels and market outlook for each of these assets:
AUCTION/USDT: $17.98 (-21.45%)
AUCTION has dropped significantly by over 21%, showing strong bearish momentum. Traders should watch for support levels to gauge potential reversal points.
Key Levels to Watch:
Resistance: $19.50
Support: $16.50 is a critical level to watch for any signs of stabilization.
ZEN/USDT: $35.54 (-14.46%)
ZEN has experienced a 14.46% decline, reflecting a substantial pullback. If the market fails to reverse, further downside could be possible.
Key Levels to Watch:
Resistance: $37.50
Support: $33.00 may provide some support if the price continues to fall.
CTXC/USDT: $0.2828 (-9.39%)
CTXC has also seen a significant decline of 9.39%. This may represent a correction, but it’s important to track support levels for potential entry points.
Key Levels to Watch:
Resistance: $0.30
Support: $0.26 could be a key level to watch for potential bounce.
DEXE/USDT: $13.198 (-9.35%)
DEXE has dropped by 9.35%, with a bearish trend that might continue if key support levels are broken.
Key Levels to Watch:
Resistance: $14.00
Support: $12.00 could act as a strong support zone.
THE/USDT: $1.2654 (-9.30%)
THE has decreased by 9.30%. If the bearish trend continues, it’s essential to watch for any rebounds near support.
Key Levels to Watch:
Resistance: $1.35
Support: $1.20 is a crucial support zone.
G/USDT: $0.03147 (-8.97%)
G has shown a decline of nearly 9%. A further breakdown could lead to further downside, but support levels are key.
Key Levels to Watch:
Resistance: $0.035
Support: $0.03 could act as a potential support zone.