$AUCTION /USDT – Tight Range, Ready to Break Free
Current Price: $16.06
24H Gain: +12.54%
Technical Picture:
$AUCTION is moving within a contracting range, squeezing between support and resistance. It’s approaching the $16.60 breakout mark with increasing momentum, signaling a potential impulse move.
Key Levels:
Support: $15.10
Resistance: $16.60
Breakout Level: $16.60
Trade Setup – Range Breakout Strategy
Entry Zone: $15.90 – $16.60
Target 1: $17.80
Target 2: $18.90
Stop-Loss: $14.90
Market Sentiment:
Price action is tightening, and accumulation signs are visible on the volume profile. A breakout could catch fire quickly.
Pro Tip:
Monitor for a 1H candle close above $16.60 — that confirms the breakout.
Add volume-based confirmation before entering.
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