BlockchainBaller
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$AUCTION Trying to Recover After Heavy Drop, Eyes on Resistance❗$AUCTION just bounced from a key low of $14.32 and is now trading at $14.74, showing a slight recovery after a sharp drop from the recent high at $16.93. The structure still leans bearish overall, but buyers are attempting to reclaim momentum on the lower time frame.
Highlights:
24h High: $16.93
24h Low: $14.32
Current Price: $14.74 (+2.43%)
Stoch RSI: Oversold (still below 20) – early signs of reversal
Volume: Moderate, not yet convincing for a strong rally
Key Levels to Watch:
Immediate Resistance: $15.00
Major Resistance: $15.70
Support Zone: $14.30–$14.00
Outlook:
The bounce looks like a relief move for now. Bulls need to reclaim and hold above $15.00 to shift momentum. Failure to break that level could trigger another leg down toward $14 or even $13.80.
Quick Note:
Watch for confirmation candles and volume before entering long. Short-term scalpers may find opportunities on either side of the move, but swing traders should wait for a break and close above $15+ to consider a trend change.
buy and trade here $AUCTION
Highlights:
24h High: $16.93
24h Low: $14.32
Current Price: $14.74 (+2.43%)
Stoch RSI: Oversold (still below 20) – early signs of reversal
Volume: Moderate, not yet convincing for a strong rally
Key Levels to Watch:
Immediate Resistance: $15.00
Major Resistance: $15.70
Support Zone: $14.30–$14.00
Outlook:
The bounce looks like a relief move for now. Bulls need to reclaim and hold above $15.00 to shift momentum. Failure to break that level could trigger another leg down toward $14 or even $13.80.
Quick Note:
Watch for confirmation candles and volume before entering long. Short-term scalpers may find opportunities on either side of the move, but swing traders should wait for a break and close above $15+ to consider a trend change.
buy and trade here $AUCTION
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