🚀 $AUCTION /USDT – Price Drop or Hidden Opportunity? 🔥
📉 AUCTION is trading at $32.39 (-7.35%), showing significant volatility in the DeFi sector. Are we seeing a reversal or further downside? Let’s analyze the key levels!
🔍 Momentum Analysis:
AUCTION has seen a 24h high of $37.31 and a low of $30.87, with strong trading volume of 1.49M AUCTION ($49.91M USDT). Watch for price action near critical support and resistance zones.
🎯 Long Setup (For a Rebound):
✅ Entry Zone: $31.80 – $32.40
🎯 Targets:
T1: $33.80
T2: $35.20
T3: $37.00
❌ Stop Loss: $30.50
🚨 Breakout Confirmation & Key Support:
✅ Breakout Level: $33.50 (Reclaim needed for bullish momentum)
🛑 Key Support: $30.80 (Losing this could trigger more downside)
💡 Pro Tip:
A sustained close above $33.50 could fuel a rally. Watch for order book depth and volume shifts to confirm strength before entering.