#AUCTİON The AUCTION Token (Bounce Token) is currently trading on Binance at approximately $11.83, down by -5.55% in the last 24 hours.
🔍 Current Market Situation
Critical support: $11.48 – if the price falls below this level, the next threshold could be around $11.00.
Immediate resistance: between $11.90 and $12.70 – a breakout could signal a recovery.
Increased volatility: the trading volume has been $14.03M in the last 24 hours, indicating intense activity.
Technical indicators: The RSI suggests a possible oversold condition, which could indicate an imminent positive correction.
📉 Historical Performance
Last 30 days: +1.06%
Last 60 days: -41.26%
Last 90 days: -9.96%
🔮 Analysis and Recommendations
Short term: The market is currently in a bearish phase, but technical indicators suggest a possible positive correction. If the price remains above the support of $11.48, there could be a rebound opportunity.
Medium term: If you hold AUCTION tokens purchased at higher prices, it may be prudent to wait for a price recovery before deciding to sell, especially if you do not urgently need liquidity. $AUCTION