This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
XAUT/USDT in Freefall — Dead Cat Bounce or Bottom Forming? 🩸📉
$XAUT 1H down -4% at 5,075 after sharp selloff from 5,389 high.
Strong bearish structure: lower highs + lower lows.
Price below MA30 → trend still heavy.
4,980 is key support.
Reclaim 5,200 = relief bounce.
Lose 4,980 = next leg down.
For now, bears in control. Bulls need volume.
#CryptoMarketBouncesBack