$AUCTION /USDT – Is This the Perfect Retest Before the Next Move Up?
AUCTION is holding strong after a brief pullback, maintaining its bullish structure. With key support levels aligning, this could be the ideal moment to catch the next wave higher.
Why This Setup Looks Interesting
Break of Structure (BOS) Confirmed: The trend remains bullish, and buyers are still in control.
Liquidity Grab Completed: Price spiked above previous highs, shaking out weak hands before retracing.
Support Zones Strengthened: Fair Value Gaps (FVGs) have been filled, creating a solid base for continuation.
Potential Trade Plan
Entry Zone: $37.00 - $37.50 (Retest of BOS and FVG Support)
Target 1: $39.50 (Key Resistance)
Target 2: $40.08+ (Full Bullish Recovery)
Stop Loss: $36.41 (Below Recent Lows to Protect Capital)
What If It Drops?
If $AUCTION loses $36.41, a deeper pullback toward $35.50 could come into play before any real bounce.
If the price holds above $38.50, momentum could pick up quickly and push toward $40+.
Are you taking this setup or waiting for more confirmation?
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