$AUCTION /USDT — 5M Chart Bullish Momentum Setup
After rebounding sharply from 8.22 and hitting a 24h high at 9.84, AUCTION shows strong upward momentum backed by a high RSI near overbought levels — signaling a trend continuation phase rather than a reversal yet.
Trade Setup: Long (Momentum Continuation)
Entry Zone: 9.50 – 9.70
Stop-Loss: 9.05
Take-Profit 1: 10.20
Take-Profit 2: 10.80
Take-Profit 3: 11.50
Dominant Strategy: Ride the bullish momentum but use a trailing stop once price crosses 10.0 to protect gains. RSI is elevated but not reversing — suggesting bulls still control short-term price action.
