📊Technical Analysis – $AUCTION /USDT💰

🔥BUY NOW???

🚀“AUCTION is consolidating with bullish pressure building up!”🔥

Watching for a breakout above $13.25 or pullback entry around $12.30–12.50.

MACD just flipped bullish. RSI has room. Volume cooled, but pressure’s rising.

🚨Buy Now or Wait?

✅Current Setup:

• AUCTION is showing a slow recovery from $11.39

• Price is consolidating just under short-term resistance (~$13.00–13.25)

🔥Verdict:

• Wait for breakout above $13.25 with volume to confirm strength

• Or buy on a pullback near $12.30–12.50 with tight stop loss

⸻

📉Trading Strategy

✅Option 1: Conservative (Breakout Buy)

• Buy Above: $13.25 (confirmed breakout)

• Stop Loss: $12.60

• Targets:

• T1: $14.40 (MA99)

• T2: $15.80

• T3: $16.90 (previous high)

✅Option 2: Riskier (Pullback Buy)

• Buy Zone: $12.30–12.50

• Stop Loss: $11.80

• Target: $13.20 (first resistance), then same levels as above

📈 Indicators Breakdown📈

📊Moving Averages:

• MA(7): $12.66

• MA(25): $12.38

• MA(99): $14.41

🔴Interpretation:

• Price is above MA(7) and MA(25) = short-term trend turning bullish

• Still below MA(99) = long-term trend still bearish

• To confirm a real uptrend, AUCTION needs to break above ~$14.50

📈RSI (Relative Strength Index):

• RSI(6): 57.53

• RSI(12): 53.16

• RSI(24): 47.90

🔴Interpretation:

• All RSI levels are neutral to slightly bullish — price still has room to rise before becoming overbought

• Not showing strong divergence, which means trend is likely stable

✅MACD:

• MACD line: 0.07

• Signal line: ~0.00

• Histogram positive

🔴Interpretation:

• MACD just crossed into bullish territory — early signs of upward momentum

• No major divergence or overextension = low risk of fakeout so far

📊Volume:

• A major spike happened on April 10

• Now volume is declining — suggesting momentum is slowing down