Swing Trading Signal $AUCTION /USDT
Potential Trade Setup:
Entry (Buy Zone): $18.60 - $19.20 (Wait for confirmation of reversal)
Stop Loss: Below $18.00 (to avoid further downside risk)
Take Profit Targets:
TP1: $20.50 (short-term resistance)
TP2: $25.00 (if momentum builds)
TP3: $27.00 (major resistance at MA25)
Confirmation Needed:
Price must hold above $18.60.
Volume increase to confirm bullish momentum.
RSI crossing above 40 for strength.
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Conclusion
Trend: Bearish with signs of stabilization.
Momentum: Weak but oversold (RSI 34).
Strategy: Buy near $18.60 - $19.20 if it holds, with TP at $20.50 - $27.00.