$AUCTION has experienced a dramatic downfall, plummeting by 61.86% within the last 20 hours. The coin reached a peak of $68.31 before experiencing a catastrophic crash, falling to its current price of $21.57.
The rapid descent underscores a volatile market condition, making it an extremely risky asset for short-term trades. Traders should be cautious of such extreme volatility and consider waiting for stabilization before entering a position.
It is clear that $20 is now forming a strong support level, and a bounce from this level could provide a possible buying opportunity if confirmation comes from sustained price action above $21.32.
