BlockchainBaller
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OMGGGGGGG❗The Historic Crash of $AUCTION Is the Worst Over or Just Beginning❓
The price of $AUCTION has experienced a historic crash, plummeting by 60.18% in the last 24 hours, with the price dropping from a high of $62.48 to the current value of $23.80. This steep decline marks a significant shift in market sentiment, as large sell-offs and heightened trading volume indicate that traders are rushing to exit their positions. The coin is now testing critical support at $23.05, and the next move will depend on whether this level holds or if we see a deeper correction.
Key Levels to Watch:
Support: A breakdown below $23.05 could trigger further losses, possibly driving the price to the $20.00 mark, a psychological level where buyers may step in.
Resistance: If $AUCTION manages to reclaim $23.80, it could signal a potential short-term reversal, setting up a recovery toward $30.00.
Given this historic crash, caution is essential for traders, as the market remains bearish. It's important to wait for signs of stability and volume shifts before considering any re-entry or recovery plays on $AUCTION.
The price of $AUCTION has experienced a historic crash, plummeting by 60.18% in the last 24 hours, with the price dropping from a high of $62.48 to the current value of $23.80. This steep decline marks a significant shift in market sentiment, as large sell-offs and heightened trading volume indicate that traders are rushing to exit their positions. The coin is now testing critical support at $23.05, and the next move will depend on whether this level holds or if we see a deeper correction.
Key Levels to Watch:
Support: A breakdown below $23.05 could trigger further losses, possibly driving the price to the $20.00 mark, a psychological level where buyers may step in.
Resistance: If $AUCTION manages to reclaim $23.80, it could signal a potential short-term reversal, setting up a recovery toward $30.00.
Given this historic crash, caution is essential for traders, as the market remains bearish. It's important to wait for signs of stability and volume shifts before considering any re-entry or recovery plays on $AUCTION.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.