$AUCTION has shown a massive bullish breakout with over +55% gain in 24 hours, indicating strong buyer momentum and renewed interest from traders in the DeFi sector.
Coin Position:
The price has surged above major resistance levels, now consolidating near $9.34 after touching the $9.84 high. The candles are holding above moving averages, showing continuation potential if volume sustains.
Trade Setup:
Entry: $9.20 – $9.40
Targets:
🎯 Target 1: $9.80
🎯 Target 2: $10.40
🎯 Target 3: $11.20
Stop Loss: $8.10
Trade Description:
The structure remains bullish with strong momentum. A minor pullback toward the support zone may offer a fresh long entry. Avoid shorting until clear reversal confirmation appears below $8.00.
Market Outlook:
Overall crypto sentiment is improving with multiple altcoins showing strong breakouts — market leaning towards a bullish continuation phase.