$AUCTION

Despite the recent rejection at 33.63, the strong uptrend from the consolidation at 26.25 to the peak at 30.99 indicates significant bullish momentum for AUCTION/TetherUS. The pulldown to 26.25 and the subsequent consolidation suggest a strong base of support has been established. The rejection at 33.63 could be a temporary pullback before a renewed attempt to break higher, as the market absorbs the selling pressure. This pattern suggests that buyers are still interested in AUCTION at lower levels and are likely to step in to push the price up again.

The key to a bullish continuation lies in overcoming the resistance at 33.63. If AUCTION can break above this level and establish support, it would confirm a change in trend and signal further upward movement. The recent rejection might be a temporary pause, with buyers stepping in to accumulate at this level. Traders should watch for increased volume during a breakout, which would validate the bullish signal and suggest that AUCTION is poised to retest its previous highs and potentially reach new ones.#AUCTION #TetherUS #bullish