$AUCTION /USDT Update: Potential Breakout Brewing!
Current Price: $12.34 (+4.75%)
24H High: $12.57 | 24H Low: $11.74
Why This Looks Like a BUY Opportunity:
• Uptrend Holding Strong: Price bouncing cleanly from the 25 MA ($12.15)
• Higher Lows Forming: Classic bullish continuation
• RSI Healthy (54–57): Room to move up, not overbought
• MACD is Bullish: Histogram showing positive divergence
• Volume Spike Earlier: Buyers are showing interest near $12 support
✅Key Buy Zones:
• Buy on Dip: $12.15–$12.25
• Breakout Buy: Above $12.57 (next leg possible)
• SL: $11.70 for risk management
• TP Target: $13.20–$13.80 if breakout confirms
Summary:
AUCTION is holding support beautifully and showing strong bullish structure on the 1h chart. With healthy RSI and price holding above MA lines, this might be the perfect time to scoop up before the next breakout.