AUCTION/USDT: Is the market preparing for a new breakout? 🚀

🔥 AUCTION has shown growth of +23% in 24 hours and has already broken through the key resistance zone! Buyers are dominating, but will the price be able to hold above $16.50 and go for a higher high?

🔎 Key data on AUCTION/USDT:

✅ Current price: $16.19

✅ Daily high: $18.28

✅ Support: $15.20 (MA99) and $14.50

✅ Resistance: $17.00 – 18.28

✅ Daily volume: $117.7M USDT

📈 Technical analysis:

- The price is consolidating above the 99-day moving average, indicating potential further growth.

- MACD and RSI confirm the upward momentum - the market remains in a strong buy zone.

- The liquidity depth shows strong buy orders above $15.50 - the bulls are serious!

📊 Possible scenarios:

🚀 Bullish (70% probability):

 • Price holds above $16.50 -> test $17.00 - 18.28

 • If broken, move to $20.00

⚠️ Bearish (30% probability):

 • If the price goes below $15.20, a pullback to $14.50 is possible

❗ Question for you:

👉 Is AUCTION ready for a rally or are we expecting a correction? Share your opinion in the comments! 🔥👇$AUCTION