$AUCTION

🔻 Current Price: $15.41

📉 Market Structure:

After a strong rally to $16.93, AUCTION is now pulling back aggressively. A clear lower high and lower low pattern is forming on the 15M chart, signaling bearish pressure.

📍 Key Levels:

• Resistance: $16.00

• Support: $15.00

• Breakdown Zone: $15.50

📊 Short Trade Setup:

• Entry Zone: $15.40 – $15.55

• Targets:

TP1: $15.00

TP2: $14.60

TP3: $14.10

• Stop Loss: $15.85

🧠 Market Insight:

Sellers are taking control after AUCTION hit resistance near $17. As long as price stays under $15.80, this downtrend could continue toward previous support zones.

💡 Pro Tip:

Wait for a clean retest of $15.50 as resistance before entering the short. Confirm with bearish candles and volume.

Drop “AUCTION DUMP” in the comments if you’re shorting this move!

$AUCTION

AUCTIONUSDT

Perp

15.576

+2.27%

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