$AUCTION/USDT at a critical juncture
The auction is trading at $31.62, down %12.14, approaching a crucial decision zone. The price is hovering near strong support, where a breakout in either direction could dictate the next major move.
Key levels to watch.
Resistance: $35 - a breakout here could push the auction towards $40.
Support: $30.30 - a breakdown below this level could lead to a decline towards $25.
Market Outlook
If AUCTION gains momentum above this level, it has the potential to revisit the $35-$40 range. However, failure to maintain support could lead to further declines towards $25.
Traders should keep a close eye on price action to capitalize on the next move.
