$AUCTION Will the Buyers Step In or Further Downside Ahead?

AUCTION/USDT is currently trading at $17.55 down 6.25% for the day, reflecting strong selling pressure. The price is consolidating near a key support zone, and the next move will determine whether the bulls can reclaim control or if further downside is on the horizon.

Key Levels to Watch:

• Resistance Zone:

• $18.20: Immediate resistance. A breakout above this level could trigger a bullish reversal.

• Support Zone:

• $17.80: Immediate support. A break below this level may lead to increased selling pressure.

Trade Setup – Prepare for Volatility!

Bullish Scenario:

• A confirmed move above $18.00 could trigger a relief rally with potential targets:

• Target 1: $18.50

• Target 2: $19.00

Bearish Scenario:

• A break below $17.70 would indicate continued bearish pressure, with possible targets:

• Target 1: $17.65

• Target 2: $17.20