$AUCTION /USDT BEARS TAKE CONTROL AFTER LOCAL TOP – WATCH SUPPORT ZONES

$AUCTION failed to sustain above the 10.87 high, triggering a pullback that has now brought price below both the 7 MA (10.54) and the 25 MA (10.66). Momentum has shifted bearish in the short term, with immediate support sitting at 10.34. A decisive break below this level could extend the drop toward the 10.23 zone, while recovery attempts must reclaim 10.54 to ease selling pressure.

Trade Setup (Short):

Entry: 10.48 – 10.53

Take Profit 1: 10.34

Take Profit 2: 10.23

Stop Loss: 10.66

Market Outlook:

Short-term trend has flipped bearish as moving averages signal downward pressure. A hold above 10.34 could result in sideways consolidation, but failure there may accelerate the decline. Bulls need to regain 10.66+ for momentum to shift back in their favor.

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