$AUCTION woke the tape up: +66% in 24h, tagging a local high near $10.53 with $105M+ turnover and mcap ~$65M. Context matters, Fear & Greed = 30 (Fear), so this was strength against a cautious market. Catalysts lining up: Bounce Brand teased an auction-driven prediction market and physical collectible auctions; BounceX (perp exchange powered by AUCTION) is slated for Q4; RWA push + staking help tighten float; Square chatter added fuel.
Levels from the chart: resistance $10.53 → $11.00 → $12–13. Supports 7-day MA ~$9.43, then $8.80–9.00 and $8.20–8.40. 1h RSI ~76.6 (overbought) while daily RSI ~46 (room to run).
Plan (not advice): let price cool toward $8.8–9.0 for a starter; confirmation reclaim of $10.5 opens momentum add. Use tight stops, after a 60% day, pullback risk and profit-taking are real.