$AUCTION /USDT BULLISH SETUP 🚀 | POTENTIAL BREAKOUT AHEAD!
🔹 Current Price: $8.73 (+2.46%)
🔹 24H High/Low: $8.76 / $8.34
🔹 Category: DeFi 💡
📊 TECHNICAL OVERVIEW:
$AUCTION is currently showing strong bullish momentum with higher lows forming on the 1H and 4H charts. The price is nearing resistance and could break out with volume confirmation.
🔑 Key Levels:
🔻 Support: $8.50 / $8.34
🔺 Resistance: $8.80 (Immediate) / $9.20 (Major)
📈 LONG TRADE SETUP:
Entry: $8.75 - $8.80 (on breakout confirmation)
Targets:
🎯 TP1: $9.20
🎯 TP2: $9.65
🎯 TP3: $10.10
Stop Loss: $8.34 (below key support)
🛡️ RISK MANAGEMENT:
📌 Risk only 1-2% of your capital per trade.
📌 Wait for breakout with volume confirmation before entry.
📌 Move SL to breakeven after TP1 hit.
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