$AUCTION Retracement After Spike, Eyeing Key Support Levels

After reaching a 24-hour high at $15.61, AUCTION has pulled back to retest lower support. The price touched a near-term bottom at $14.11 before showing signs of stabilization. This could set up either a bounce or a deeper correction, depending on incoming volume and market sentiment.

Key Technicals:

- Immediate Support:$14.00–$14.10 — holding here keeps bullish hopes alive

- Short-Term Resistance: $14.65–$15.00

- Breakout Zone: $15.20+ — would reignite bullish pressure

- StochRSI: Oversold on 15M — potential for a quick bounce or relief rally

Trade Setup Suggestion:

- Entry Zone: $14.10–$14.30

- Target 1: $14.80

- Target 2: $15.50

- Stop Loss: Below $13.85

Outlook:

This pullback looks healthy so far after a strong rally. As long as the price holds above $14.00, bulls might re-enter for a push back toward the highs. Watch volume and candle strength near this zone—it’s a decision point.

Patience pays—a bounce could be brewing.

Buy and trade $AUCTION here.