Great Buffett
--
Bearish
$AUCTION /USDT CRASHED BY 65%! HOW TO PROFIT FROM THE DROP?
Pump and Dump: What’s Next?
The recent surge of AUCTION/USDT to $68.31 caught traders' attention, but today we see a completely different picture — the price has plummeted to $19.60, dropping by more than 65%!
Is this whale manipulation or the beginning of a long-term downtrend? Let’s analyze and find the best short entry points to make money on this decline!
Technical Analysis: Bears in Full Control
🔻 EMA (Exponential Moving Averages) indicate a complete trend reversal. The price is already below EMA(7) and EMA(25), while EMA(99) suggests a return to the accumulation zone.
🔻 MACD is deep in the red, confirming sellers’ dominance.
🔻 RSI (6) ≈ 6–13 – the token is in extreme oversold territory, but this doesn’t signal a reversal. Instead, it suggests further decline.
🔻 OBV (On-Balance Volume) is decreasing, indicating money outflow from the asset.
Perfect Short Entry: Waiting for the Bull Trap!
Don’t rush in just yet! After such a sharp drop, a "bull trap" is likely – a temporary rebound to resistance levels.
🔥 Wait for a retest of $25–$30. If the price fails to break this level, it will be the perfect short entry point.
🎯 4 Short Targets:
✅ $18.50 – the nearest support level.
✅ $15.00 – a psychological level where some traders may take profits.
✅ $12.50 – the previous consolidation zone.
✅ $7.00 – the final target, the level before the pump.
⛔ Stop-loss: Set above $32 to avoid getting liquidated by a false breakout.
Conclusion: Prepare for Further Decline!
AUCTION/USDT shows all the signs of a pump-and-dump. Whales are losing interest and dumping their holdings. The only question is: will you just watch the price drop, or will you profit from it?
$AUCTION 👇👇👇 #ShortTrade
#cryptocrash #pumpanddump #trading
⚡ Follow for more profitable signals!
Pump and Dump: What’s Next?
The recent surge of AUCTION/USDT to $68.31 caught traders' attention, but today we see a completely different picture — the price has plummeted to $19.60, dropping by more than 65%!
Is this whale manipulation or the beginning of a long-term downtrend? Let’s analyze and find the best short entry points to make money on this decline!
Technical Analysis: Bears in Full Control
🔻 EMA (Exponential Moving Averages) indicate a complete trend reversal. The price is already below EMA(7) and EMA(25), while EMA(99) suggests a return to the accumulation zone.
🔻 MACD is deep in the red, confirming sellers’ dominance.
🔻 RSI (6) ≈ 6–13 – the token is in extreme oversold territory, but this doesn’t signal a reversal. Instead, it suggests further decline.
🔻 OBV (On-Balance Volume) is decreasing, indicating money outflow from the asset.
Perfect Short Entry: Waiting for the Bull Trap!
Don’t rush in just yet! After such a sharp drop, a "bull trap" is likely – a temporary rebound to resistance levels.
🔥 Wait for a retest of $25–$30. If the price fails to break this level, it will be the perfect short entry point.
🎯 4 Short Targets:
✅ $18.50 – the nearest support level.
✅ $15.00 – a psychological level where some traders may take profits.
✅ $12.50 – the previous consolidation zone.
✅ $7.00 – the final target, the level before the pump.
⛔ Stop-loss: Set above $32 to avoid getting liquidated by a false breakout.
Conclusion: Prepare for Further Decline!
AUCTION/USDT shows all the signs of a pump-and-dump. Whales are losing interest and dumping their holdings. The only question is: will you just watch the price drop, or will you profit from it?
$AUCTION 👇👇👇 #ShortTrade
#cryptocrash #pumpanddump #trading
⚡ Follow for more profitable signals!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
4
0