AUCTIONUSDC

$AUCTION /USDC BREAKDOWN FROM LOWER HIGH – BEARISH PRESSURE BUILDING


REJECTION FROM $9.35 FOLLOWED BY STEEP DROP
PRICE BELOW ALL KEY MOVING AVERAGES
FAILED TO HOLD 25MA – WEAK BOUNCE AT $8.76 SUPPORT

$AUCTION attempted to recover but faced resistance near the 25MA and is now consolidating just below the 99MA. This signals continued weakness and sets the stage for a potential leg lower if $8.76 breaks.

🔴 SHORT TRADE SETUP
Entry Zone: $8.88 – $8.92
Take Profit: $8.65 / $8.40
Stop Loss: $9.05

Market Outlook:
As long as price remains below $9.00 and fails to reclaim moving average resistance, downside continuation is likely.

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$AUCTION /USDC – +1.70% UPLIFT WITH STRONG SUPPORT HOLD
REJECTED FROM $9.04, BUT HOLDS ABOVE $8.90 SUPPORT
HIGHER LOWS FORMING – BULLISH CONTINUATION IN SIGHT


$AUCTION is trading at $8.99, just shy of the resistance at $9.04. After bouncing from $8.70, the price action is showing strength with a potential retest of the top.

🟢 LONG TRADE SETUP
Entry Zone: $8.95 – $9.00
Take Profit: $9.30
Stop Loss: $8.80

Market Outlook:
If $AUCTION reclaims $9.05 with strong volume, it could trigger a breakout move. Current consolidation above $8.90 is healthy for bullish continuation.

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