hold hold it's already dump 60%+ it will easy pump to 30
AmanAllah9090
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$AUCTION any expert un analysis? Kindly suggest what should i do with this trade Share my holding position B AUCTIONUSDT Perp 15X -1571.00% Entry 42.686179 Latest 20.846718 Share too Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs. 43.3k Views 29 Likes 43 Quotes 2 Shares 61 Replies Most Relevant Most Recent 山寨币之帝
$AUCTION has experienced a dramatic downfall, plummeting by 61.86% within the last 20 hours. The coin reached a peak of $68.31 before experiencing a catastrophic crash, falling to its current price of $21.57.
The rapid descent underscores a volatile market condition, making it an extremely risky asset for short-term trades. Traders should be cautious of such extreme volatility and consider waiting for stabilization before entering a position.
It is clear that $20 is now forming a strong support level, and a bounce from this level could provide a possible buying opportunity if confirmation comes from sustained price action above $21.32.
As the price continues to test this critical support at $20, the next few hours will be crucial for traders looking to assess whether this level holds.
If the market finds strength at $20 and begins to reverse, this could signal a potential buy, with targets aiming back toward the $30-$40 range. However, if the price breaks below $20, the downtrend could accelerate, further testing lower support levels.
For those willing to trade this volatility, it is essential to use tight stop-loss orders to minimize potential losses and remain cautious.
The current situation calls for careful observation and patience in order to identify the right entry point, as the market is still in an unpredictable phase.
Don’t let them steal our money—demand answers from Binance now!
AUCTION pumped to $68 and then crashed to $20 within an hour due to low circulation and whales dumping on Binance. A 60% crash in a single day is pure market manipulation! Investors lost thousands, and Binance must take responsibility—protect investors, investigate the culprits, and compensate those affected. This isn’t just volatility; it’s an exploit!
Submit your feedback and make Binance take action!