🚨 $AUCTION /USDT: Growth potential – bulls are targeting $17 and beyond.
🔥 AUCTION as of March 10, 2025, is trading at $16.76. After a recent correction, the coin is showing signs of stabilization and possible recovery.
📊 Key levels:
🔺 Resistance: $17 – a breakout could open the way to $18–$19.
🔻 Support: $16 – holding above this level is critical for further growth.
📈 Trading setup:
📉 Short position: if it falls below $16, targets are $15 and $14.
📈 Long position: if it breaks $17, targets are $18 and $19.
🛑 Stop-loss: $15.8 for longs and $17.2 for shorts.
📉 Market setup:
✅ MACD: positive signal indicating possible growth.
🟡 RSI: 58 – relatively balanced demand and supply.
🔴 Volume: stable, confirming the current trend.
Final thought:
If AUCTION holds above $16 and breaks $17, a move to $18–$19 is possible. However, falling below support may trigger short positions. It’s important to monitor volumes and levels for timely reactions to market changes.