$AUCTION
$AUCTION Long-term trading signal – bullish breakout in play
📌 Entry price: $20.86
🎯 Target 1: $21.20
🎯 Target 2: $21.50
🎯 Target 3: $22.00
🛑 Stop loss: $19.80
Why buy?
$AUCTION shows strong bullish momentum after bouncing from its recent low of $18.03 and breaking through the key resistance at $20.50. The price is approaching its 24-hour high of $21.01, indicating continued buyer dominance. A breakout above $21.01 could lead to further gains, pushing towards higher resistance levels.
With increasing volume and a sustained bullish structure, AUCTION has room for more gains. If the price remains above $20.50, expect momentum to build towards $21.50 and beyond. Traders should monitor for any confirmed breakout above $21.01 to validate further bullish movement.
⚠️ Risk management advice: Consider moving the stop loss up once the first target is reached to secure profits.
