Audiera Price Plunges 24% After Breaching $3 Support

Audiera's price plummeted by 24% after breaching its $3 support level, falling to a low of $2.4 before slightly rebounding to $2.76.

The altcoin saw increased selling pressure across the market, with traders closing their positions and holding companies withdrawing funds from futures contracts.

The spot Netflow also indicated elevated bearish pressure, with investors cashing out and exchange inflows reaching a monthly high of $688k.

Audiera's momentum faded as it fell below its 50-day Moving Average, and the Stochastic Momentum Index formed a bearish crossover, further validating the trend reversal.