🚨 $AUCTION /BTC – Oversold or Just Cooling Off? 🔥
$AUCTION is showing some weakness against BTC, dipping to 0.0001086. Is this a temporary pullback or a setup for a breakout reversal? Let’s break it down! 👇
📊 Market Overview
📍 Current Price: 0.0001086
📈 24h High: 0.0001124
❄️ 24h Low: 0.0001081
📊 Moving Averages:
• MA(7): 0.0001098
• MA(25): 0.0001094
• MA(99): 0.0001101
📉 RSI(6): 35.02 (Near oversold!)
📊 Volume: 3,212.8 AUCTION / 0.35 BTC
📈 $AUCTION/BTC Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If Price Holds Above 0.0001080):
• Entry: Above 0.0001090
• Targets: 0.0001120, 0.0001138, 0.0001165
• Stop-Loss: 0.0001070
🔹 Bearish Scenario (If Price Falls Below 0.0001070):
• Entry: Below 0.0001070
• Targets: 0.0001050, 0.0001035, 0.0001000
• Stop-Loss: 0.0001090
🔍 Should You Hold or Exit?
✅ RSI nearing oversold zone – a bounce is possible
✅ Price hovering around key MA support (MA25 & MA99)
⚠️ Failure to hold 0.0001070 could trigger further downside
💡 Pro Tip:
Watch for a reclaim of 0.0001090 with volume – that could spark a quick move to 0.0001138+. Weak volume = possible fakeout!
📢 What’s your game plan—accumulating or waiting for confirmation? Share your thoughts below! 🔽
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