#$AUCTION Retracement After Spike, Eyeing Key Support Levels❗After tapping the 24H high at $15.61 $AUCTION has pulled back to retest lower support. Price touched a near-term bottom at $14.11 before showing signs of stabilization. This could set up either a bounce or deeper correction depending on incoming volume and market sentiment.
Key Technicals:
Immediate Support: $14.00–$14.10 — holding here keeps bullish hopes alive
Short-Term Resistance: $14.65–$15.00
Breakout Zone: $15.20+ — would reignite bullish pressure
StochRSI: Oversold on 15M — potential for quick bounce or relief rally
Trade Setup Suggestion:
Entry Zone: $14.10–$14.30
Target 1: $14.80
Target 2: $15.50
Stop Loss: Below $13.85
Outlook:
This pullback looks healthy so far after a strong rally. As long as price holds above $14.00, bulls might re-enter for a push back toward the highs. Watch volume and candle strength near this zone it’s a decision point.
Patience pays — a bounce could be brewing.
buy and trade here $AUCTION