$AUCTION – Clean Rejection, Short Trade in Play!
Price hit resistance at $15.05 and got sharply rejected.
Perfect bearish retest near the red circle confirms lower high formation.
Key support zone at $13.14 is the next major target.
Solid 2.5R+ short setup with minimal risk, clearly defined by structure.
Trade Setup:
Entry: $14.42
Target: $13.14
Stop Loss: $15.05
Why Short?
Breakdown of previous support, bearish retest failed to reclaim $14.50, and momentum is shifting downward. Volume tapering = buyer weakness.
Pro Tip:
Use trailing stop to protect profits once price nears $13.50. Watch for bounce at major demand zone.
Catch the move before it's gone – Trade now on Binance!
#AUCTION #CryptoTrading #Binance #ShortSetup #BearishRejection