$AUC$AUCTION apping back into a tight resistance zone after the bounce. Price is struggling to hold above prior structure, with early rejection and weak follow-through on the highs. Momentum is already stalling here, so a tighter stop makes sense as long as supply continues to cap this area.
$XRP Clear Downtrend $XRP remains in a 4H downtrend, following a strong rejection near the $1.90 zone and a sharp drop toward $1.60. Although buyers showed some reaction after the long lower wick, price recovery is still weak and lacks follow-through. Key levels to watch: #xrp TRADE SET-UP
ENTRY ( $1.57 → $1.61 ) TARGET 🔸$155 🔸 $1.48 As long as $1.55 holds, XRP may attempt a short-term relief bounce toward $1.65–$1.75. However, a breakdown below $1.55 would likely accelerate selling and open the door for a move toward $1.50.
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Price already dumped hard and tapped a strong support around 1.64–1.70. Now seeing a bounce attempt. If buyers hold this zone, upside targets are clear. Trend is still weak, so this is a bounce trade, not a full trend reversal.