$AUCTION
AUCTION/USDT Short Trade Setup! 📉🔥
$AUCTION has rallied recently but is now testing a key resistance zone around $13.20-$13.00. Price action shows signs of rejection with smaller candle bodies and declining volume, indicating a potential pullback as momentum weakens.
Entry:
$13.1 – $13.0
Targets:
T1: $14
T2: $15
T3: $16
Stop Loss:
$12.500 (just above the support zone)
Key Levels:
Support: $14.00 / $16.00
Resistance: $13.00 / $12.5
Pivot: $13.00
Pro.Tip:
Keep an eye on the 4-hour chart—watch for bearish candles (like a shooting star) near $13.5 with a spike in selling volume. If you add RSI (14), a drop below 60 while price struggles at resistance could confirm the pullback. Check the 15m or 1h chart for additional confirmation.