$AUCTION

Looking at the 15-minute chart:

The price appears to be in a consolidation phase around $20-21 after the massive dump. For scalping purposes, I notice:

The price is currently testing the EMA20 (21.06) from below, which could act as immediate resistance
RSI at 50.13 shows neutrality - neither overbought nor oversold - suggesting possible continuation of sideways movement
Volume is significantly lower now compared to the dump phase, indicating reduced volatility

Potential scalping approach:

Short-term resistance: $21.06 (EMA20), then $22.55 (EMA50)
Support appears to be forming around $20.34 (current bottom of consolidation)
The narrowing price action suggests a breakout is likely coming soon

For scalping, I'd watch for:

A break above the EMA20 with increasing volume could signal a short-term bounce to the EMA50
A break below current support around $20.34 could trigger another leg down

Given the overall bearish structure and all EMAs pointing downward, the path of least resistance remains to the downside