resistance... support... personally I have seen resistances and support get crossed like butter. No, the truth is either it's smm and it goes towards 0 or it's 70$

$AUCTION From Breakdown to Bounce Is the Trend Reversing❓After a deep correction that dragged $AUCTION to a local low of $12.56, bulls have snapped back hard with a sharp recovery. This push has flipped short-term momentum in their favor but can they hold it?

Technical Snapshot:

Stoch RSI: 90.47 (Highly overbought)

MastoChRSI: 94.95 (Momentum overheated)

Structure: Bounce from multi-day downtrend forming a potential V-shape recovery

Key Levels:

Immediate Resistance: $14.90

Major Resistance: $15.61 (24H High)

Support Zone: $13.50 and $12.56 (Recent swing low)

Possible Playbook:
Bullish Case (Breakout Continuation):

Entry: Above $14.70

TP1: $15.60

TP2: $16.20

SL: Below $13.90

Bearish Rejection (Fade the Overbought):

Entry: $14.30–$14.50 zone

TP1: $13.50

TP2: $12.90

SL: $15.10

Market Insight:
AUCTION’s strong bounce could lure in bulls, but overbought indicators warn of a possible pullback. Price needs to hold above $14.00 to confirm buyer strength. Otherwise, it risks rolling back toward support.

Pro Tip:
Let price action guide you chasing the top here is risky unless volume confirms. Wait for a breakout or a retest with conviction.

buy and trade here $AUCTION