🚨 AUCTIONUSDT - Rebound or More Blood? 🔥
AUCTION has crashed 54%, trading near its 24h low (24.021). RSI(6) is at 20.24, signaling extreme oversold conditions, which may lead to a relief bounce. However, if support breaks, expect more downside!
📈 Long Entry: Above 24.80
✅ TP1: 27.50
✅ TP2: 30.00
✅ TP3: 35.00
⛔ SL: Below 23.80
⚠️ Warning: Failure to reclaim EMA(7) at 25.11 could mean further decline.
💡 Pro Tip: Wait for volume confirmation—a strong bounce could trigger a recovery, but if 24 breaks, panic selling may continue! 🚨 Stay sharp!