š» $AUCTION /USDT Short Trade Signal Active
$AUCTION surged to $13.99 but has now rejected the $13.69 resistance zone sharply. The move appears exhausted, with heavy selling pressure and red candles signaling bearish momentum taking over.
š Short Trade Setup
ā¢ Entry: $12.60
ā¢ Target: $10.45
ā¢ Stop Loss: $13.69
ā¢ Leverage: 10x
ā¢ Risk: 2ā3% of wallet
š Market Insight:
Parabolic spikes are often followed by deep corrections. With volume divergence and price failing to hold support, downside pressure is expected. Watch for momentum confirmation below $12.50 to strengthen the bearish case.