Is #AUCTION Dead or Ready to Bounce? Let’s Break It Down!

📉💥➡️📈 or 🪦?

$AUCTION /USDT exploded to $68.31 (insane!) but has since dumped back to $11. So what’s the deal now?

Current Stats:

• 💹 RSI(6): 26.38 — Oversold! Buyers could return anytime.

• 📊 MACD: Flatlining — No momentum yet, but watch closely.

• 📉 Price under all key MAs — Still bearish.

• 🔇 Low Volume — No big players stepping in… yet.

So, is it over❓

Not necessarily! This looks like a classic pump & dump, but the oversold signals could mean a bounce is coming soon. Think of it as a wounded beast — it might roar again.

What Should You Do?

🧠 Traders:

Wait for a break above $12.08 (MA-7) with strong volume for confirmation.

⏳ Investors:

Caution is key! Long-term potential is unclear without a strong catalyst.

🙋‍♂️ Already Holding?

Set a stop-loss under $10 and watch for a rebound. Don’t let emotions rule.

Final Thoughts:

AUCTION isn’t dead… but it’s in ICU.

⚡️It might bounce — or it might flatline.

Trade smart, manage risk, and keep your eyes on the charts.

#AUCTION #RiskRewardStrategy #BitcoinWithTariffs #BinanceAlphaAlert