the accumulation point at the spot has not been filled according to me this narrative will be misinterpreted by many people in the future, and yeah... soon to 10usd
CRYPTO LIFE MNE
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📉 $AUCTION : After A sharp drop Showing Some Hopes 🚀? Potential Reversal Brewing! 🦅
$AUCTION is hovering near its 24-hour low of $16.12, down over 6.24%, after facing rejection at $17.39. This prolonged sideways movement could indicate an accumulation phase, with buyers quietly stepping in.
🔍 Key Levels to Monitor:
* Resistance: $16.80 / $17.40 🚧
* Support: $16.12 / $15.82 🛡️
* 24H Range: $16.12 – $17.39 📊
💡 Market Analysis:
$AUCTION is showing signs of a potential bottoming pattern after a sustained period of range-bound trading. Buyers appear to be accumulating around the $16.12 level, and a decisive break above $16.80 could spark a surge towards higher resistance.
📈 Expert Insight:
Watch for a clear breakout above $16.80 to confirm bullish momentum. Increased trading volume, coupled with a 4-hour candlestick close above resistance, will serve as a strong signal for an upward trend.
🚀 Call to Action:
#AUCTION may be poised for a significant breakout! Consider accumulating near $16.20 and prepare to capitalize on the potential upward momentum. Don't miss out on this potential opportunity Trade Responsibly 👍! 💰
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