$AUCTION is awaiting a breakout, and the bulls are regaining control...
The price of $AUCTION has strongly rebounded from the support level of $8.34, forming higher lows on the four-hour chart. The price is attempting to regain momentum after the recent consolidation. A breakout above the $9.00 level could lead to continued movement.
Entry price: $8.97
Take profit 1: $9.28
Take profit 2: $9.65
Take profit 3: $9.95
Stop loss: $8.68
Momentum is shifting in favor of buyers with a clear bullish structure. Watch for volume confirmation near resistance.
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