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$AUCTION
🧠 Market Structure Overview (based on your chart):

Price is currently around $28
Weak High is marked → liquidity could’ve been swept
1HR FVG (Fair Value Gap) at $27–$28.10 just got tapped
Strong demand zones are much lower: around $23.30 and then again below $20

🧨 Key Reasons Why AUCTION Can Pull Back to $17–$18:
✅ 1. Premium Pricing Zone

Price is in a premium zone, high on the curve.
Smart money sells from premium to discount.

✅ 2. Weak High Swept

You just hit TP1 & TP2, so liquidity above is taken.
That suggests distribution phase could begin.

✅ 3. Liquidity Voids & Imbalance Below

There's a big inefficiency between $22–$18 – price often comes back to rebalance.

✅ 4. Previous BOS & Demand Zone

$17–$18 area has structure confluence, possibly the last strong demand zone before the recent bullish move.

🧭 Plan If You're Watching for $17–$18:

If you believe price will return there:

Wait for a strong rejection from $26–$27.
Look for a BOS to the downside on the 1H or 4H.
Once that happens, retracement entries at $25–$25.50 with TP near $18–$19 become solid.

🧨 Pro Take:

Yes, $17–$18 is possible, but only if we break $22.50–$23.30 support cleanly.
#DYOR