📊 $AUCTION /USDT Market Analysis & Trading Strategy
💰 Market Overview:
🔹 Current Price: $15.29 (-10.16%)
🔹 24h High: $18.28
🔹 24h Low: $14.56
🔹 24h Volume: 1.53M AUCTION / 24.87M USDT
📈 Key Levels & Trading Plan
✅ Support Zones:
🔹 $15.15 - $14.56 – Strong demand zone
🔹 $14.20 - $13.80 – Next major support
🚀 Resistance Levels:
🔹 $15.85 - $16.32 – Immediate resistance
🔹 $16.80 - $17.50 – Key breakout zone
📊 Indicators to Watch:
🔹 RSI: Near oversold, possible reversal soon
🔹 MACD: Bearish, but watch for slowing momentum
🔹 Volume: Increased selling, but potential for bounce
📍 Trade Plan:
📌 Scenario 1: If price holds above $15.15, a long entry could target $16.08 - $16.80
📌 Scenario 2: If price breaks above $16.32, expect a move toward $17.50 - $18.00
📌 Scenario 3: If price falls below $14.56, wait for a re-entry near $14.20 - $13.80
⚠️ Risk Management:
🔹 Stop-loss: Below $14.50
🔹 Take profits: $16.08 - $16.80 - $17.50
🔔 Final Thoughts:
AUCTION/USDT is down 10% but could see a reversal if support at $15.15 holds. Watch for a breakout above $16.32 for further upside, but if $14.56 breaks, expect more downside.