CryptoAutos (AUTOS) Holds Firm at $0.0129 Support Amid Market Pressures

CryptoAutos (AUTOS) has demonstrated resilience in the face of recent market pressures, with support at $0.0129 holding firm. The token, listed on GATEIO, experienced a brief drop early on June 26 but quickly rebounded, avoiding further downside and stabilizing the lower boundary of its current range. This support level has remained intact over several hourly tests, indicating that buyers are actively defending this price point.

The price of AUTOS briefly slipped under a descending trendline but did not breach the support base at $0.0129. This area has remained intact over several hourly tests, suggesting that buyers continue to defend this level. Notably, a recent bounce just above the support created a higher low pattern on the short-term chart. Such formations often signal price strength in early stages.

Currently, a short-term recovery wave is in motion, with focus shifting toward the immediate resistance zone at $0.01461. Analysts are closely tracking whether momentum sustains through the intraday sessions. The price briefly slipped under a descending trendline but did not breach the support base at $0.0129. This area has remained intact over several hourly tests, suggesting that buyers continue to defend this level. Notably, a recent bounce just above the support created a higher low pattern on the short-term chart. Such formations often signal price strength in early stages.

Importantly, despite recent volatility, there has been no sharp volume surge, implying a cautious but structured push upward. If the price maintains this trajectory above the broken trendline, it could open a path toward the next resistance band. The current path remains sensitive to near-term volume increases, especially as recovery legs often face rejection without significant follow-through. However, for now, price structure remains orderly, showing progressive moves above prior hourly candles.

AUTOS now approaches a recovery zone marked between $0.01350 and $0.01461. This region previously rejected upward attempts. The resistance area coincides with the fresh price spike that preceded the present pullback. Short-term traders would also watch to see what the price would do within this range, especially when it closes above 0.01350 on good momentum volume.

From the 24-hour chart structure, the price pattern has shaped into an upward projection. This is further supported by the break above the trendline, confirmed on lower time frames. The plotted trajectory now targets a move beyond $0.01400 and potentially toward $0.01500. That said, the $0.01461 resistance level could act as a local ceiling unless stronger volume accompanies the rise. As of this writing, AUTOS trades slightly above the mid-range, with local activity concentrated near $0.01320. The setup remains technical, bounded between support at $0.0129 and resistance at $0.01461.