After soaring to $62.48, $AUCTION has plunged 38.76% in the last 24 hours, now sitting at $31.81. This correction presents a prime buy opportunity before the next potential rally!
#AUCTION Golden Dip: Time to Buy Low and Ride the Wave to $70+! 🚀
Over the past two days, $AUCTION has been soaring, but a correction was inevitable. Now, with prices dipping, this is a golden opportunity to buy at a lower price, hold strong, and wait for the next big move! Once the market stabilizes and climbs back above $70+, that’s when you can cash in on your gains.
🔻 MACD: Bearish momentum, with the MACD line below the signal at -2.11 and a negative histogram. 🔻 Recent Price Action: A steep decline from $62.48 to $30.39, signaling strong selling pressure.
🛑 Support: $30.39 – Watch closely for stability. 🚀 Resistance: $62.48 – A crucial level for potential recovery.
Final Thoughts:
$AUCTION/USDT is in a bearish phase, with sellers currently in control. The $30.39 support level is key—if it holds, a rebound could push prices back toward $70+. Stay patient, watch the charts, and be ready to seize the next breakout! 🔥
#AUCTİON I’d say around 80% of new traders got liquidated on this coin. My advice? Avoid going long or short when it's in the middle of the price range—especially with low circulation supply coins like this. These can skyrocket from $1 to $100 or crash from $100 to $1 in no time.
If you got in early and are holding, congrats! But if you're jumping in late, whether long or short, there's a 100% chance you'll get liquidated because of the extreme volatility.
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