📢🚀 $AUCTION /USDT Technical Analysis – Bulls Prepare to Take Control? 🔥
📍 Current Price: $12.13 (+17.42%)
🔍 Key Levels:
✅ Support: $11.80 - $11.50 – Strong demand area that could support continued upside.
✅ Resistance: $12.25 - $12.50 – Buyers must break it to continue higher.
📈 Bullish scenario (buying opportunity):
🔹 Entry area: $11.90 - $12.10 (buy on correction)
🎯 Profit taking targets:
1st target: $12.50
2nd target: $13.00
3rd target: $13.50+
❌ Stop loss: below $11.50
📉 Bearish scenario (selling opportunity):
🔹 Entry area: $12.25 - $12.50 (sell if strong price rejection appears)
🎯 Profit taking targets:
1st target: $12.00
2nd target: $11.60
3rd target: $11.20
❌ Stop loss: above $12.60
🔍 Market overview:
$AUCTION is testing an important resistance area at $12.25 After a strong rise. If the price breaks this level with strong momentum, we may see a quick push towards $13.00+. However, if the breakout fails and selling pressure appears, we may see a correction towards the support area at $11.80 before another attempt at rising.
💡 Pro Tip: Watch the volume at $12.25, breaking this level with strong buying momentum may push the price towards new levels! 🚀🔥
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