Breakout Confirmed: Reclaimed short-term resistance and forming higher lows.
Momentum: Volume increase confirms buying interest.
Key Support: $14.30 (Ideal re-entry zone if price pulls back).
Resistance & Targets:
TP1: $14.90 (First target)
TP2: $15.40 (Medium-term resistance)
TP3: $16.00+ (Potential extension if momentum holds)
Stop-Loss: Below $14.10 to limit downside risk
📊 Strategy Recommendations
For current holders: Consider locking in profits near $14.90 and trailing stops to protect gains.
For new entries: Look for a retest of $14.30 before entering to avoid chasing high prices.
Volume Confirmation: Keep an eye on trading volume—if it remains strong, further upside is likely.
🚨 Risk Management & Pro Tips
✔ Avoid FOMO—let price confirm support before re-entering.
✔ Use a layered take-profit approach to maximize gains while minimizing risk.
✔ Stay adaptable—if price dips below $14.10, reassess for potential trend reversal.
Final Thoughts
$AUCTION is showing strength, but always manage risk carefully. If volume sustains and price holds above $14.30, the next leg toward $16 looks promising.#
Would you like an update based on on
-chain data or market sentiment as well?
#BinanceAlphaAlert #BSCMemeCoins #AUCTION/USDT #auctoin #AUCTION/USDT. $AUCTION
