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Summary
• Price formed a bearish engulfing pattern near 5.82e-05, signaling potential short-term weakness.
• RSI and MACD showed mixed momentum with no clear overbought or oversold signals.
• Bollinger Bands narrowed midday, suggesting low volatility before a late expansion.
• Volume dipped below average late, but price remained in consolidation.
• Fibonacci levels at 5.80e-05 and 5.75e-05 are key watchpoints for near-term direction.
At 12:00 ET, Bounce Token/Bitcoin (AUCTIONBTC) opened at 5.85e-05 and closed at 5.72e-05 after hitting a high of 5.85e-05 and a low of 5.69e-05. Total volume for the 24-hour period was 1,159.46 units, with a notional turnover of approximately 0.0697 BTC.

Fibonacci levels from the 5.69e-05 low to the 5.85e-05 high highlight key levels for the next 24 hours. The 61.8% retracement at 5.75e-05 appears to be the next critical support, while the 38.2% retracement at 5.80e-05 acts as a short-term resistance.
The price appears to be settling into a lower volatility range ahead of potential consolidation or breakout. A break below 5.75e-05 could trigger further downside, while a retest of 5.82e-05 may offer a short-term opportunity for buyers. Investors should remain cautious of thin volume and limited directional momentum in the near term.
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