$AUCTION /USDT BULLISH BREAKOUT BUILDING ABOVE KEY SUPPORT
The $AUCTION /USDT pair is showing strong bullish momentum after reclaiming major support and pushing through short-term resistance zones. Buyers are dominating with over 80% order flow, indicating strength and continuation potential.
Technical Outlook:
Trend: Bullish continuation pattern forming on 4H chart
EMA Structure: Price holding above 20EMA and 50EMA, confirming short-term strength
MACD: Bullish crossover with rising histogram showing sustained momentum
Support Zone: 6.80–7.00
Resistance Zone: 7.80–8.20
Trade Setup (Long Entry):
Entry: On pullback near 7.10–7.30 support area
Targets (TP): 7.80 / 8.20 / 8.65
Stop Loss (SL): Below 6.80
Risk Management:
Risk 2% or less per trade, secure profits at first target, and move stop to breakeven as momentum confirms continuation. Avoid late entries during strong spikes.
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