AUCTION/USDT Weekly Analysis — Ready to Fly Again?
Current price: $32.80 (+26.49% this week).
Strong breakout from the consolidation zone, breaking resistance at $27.87 (Fib 0.5).
Currently retesting the area at $32.78 (Fib 0.618) — an important zone for further upward movement or correction.
Key Level:
Support: $27.87 - $22.95.
Resistance: $39.78 (next target), $48.70 (major target).
Trend & Indicators:
Price above EMA 13 → Bullish trend.
Volume significantly increased → strong buying interest.
Stoch RSI near overbought → beware of a healthy pullback before continuing upward.
Conclusion:
As long as it stays above $27.87, the nearest targets are $39.78 - $48.70.
Potential entry in the retest area of $27.87 - $32.78.
Disclaimer: This is not a buy/sell invitation. DYOR!