$AUCTION has pumped over +37% and is now cooling off near the $9.7–$10 zone, holding above the 0.236 Fib — showing strong short-term buyer interest. but here is the question if Auction hold above 9.7$ then we could see a leg up to 10.5-11$ and if Auction break and close 1h candle below 9.7$ then we could see a short term dump to around 9$ next support zone,,,,,
Trade set up if $AUCTION hold above 9.7$ and 1h candle close above then you should going to long
entry around 9.7-9.85$
target: 10.5,11$
sl below 9.35$
Short trade set up :
If it breaks below 9.70 with volume, downside pressure could accelerate.
Entry : 9.85-10$
target : 9.30$,8.80$
Sl : 10.25$
Let's wait for a good confimation.
keep watching the chart,,,, for confirmation follow 1H timeframe,.