🔥 $AUCTION Trading Signal – Potential Reversal Incoming! 🔥
The 4H chart of AUCTION/USDT is showing signs of stabilization after a major downtrend, with a potential reversal brewing! Here’s your trade setup:
📍 Entry Zone:
• $17.00 - $17.50 (Look for a retest of this range for a strong entry)
🔻 Stop Loss:
• $15.80 (Below recent lows to protect capital)
📈 Targets:
• 🎯 Target 1: $19.00
• 🎯 Target 2: $22.50
• 🎯 Target 3: $24.00+ (If momentum continues)
📊 Support & Resistance:
• Support: $16.38 (Recent low)
• Resistance: $19.04 (24H high), $24.00 (Major resistance)
🚀 Why This Trade?
✅ Price is consolidating after a long downtrend, signaling exhaustion of selling pressure
✅ Volume is increasing slightly, hinting at renewed interest
✅ MA(7) and MA(25) could cross soon, a bullish signal!
🛑 Risk Warning: Always use proper risk management! This is not financial advice—trade wisely.
🔥 Let’s ride this wave! Who’s in? 🚀🔥