Take at your own Risk *
$AUCTION Low Profit #long Trade
**Analysis of AUCTION/USDT *
### **Key Observations:**
1. **Price Action**:
- Current Price: $11.66 (-0.68%), consolidating near the 24h low ($11.54) and middle Bollinger Band (11.67).
- Resistance: 24h High ($11.88), Bollinger Upper Band (11.80–11.93), MA99 (11.77–11.78).
- Support: 24h Low ($11.54), Bollinger Lower Band (11.54–11.55).
2. **Indicators**:
- **RSI**: Neutral (41.66–49.46), no oversold/overbought signals.
- **MACD**: Slightly bullish crossover (DIF/DEA convergence, MACD: 0.00–0.01).
- **Volume**: Mixed signals; MA(5) and MA(10) show fluctuating momentum.
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### **Trade Setup**:
#### **Entry Range**:
- **Conservative**: $11.60–$11.68 (near support and MA7/MA25).
- **Aggressive**: A breakout above $11.70 (confirms bullish momentum).
#### **Stop Loss**:
- **Placement**: **$11.45** (below the 24h low and Bollinger Lower Band to avoid false breakdowns).
#### **Leverage**:
- **Recommended**: **5x** (balances risk in a consolidating market).
#### **Take Profit Targets**:
1. **TP1**: $11.80 (Bollinger Upper Band/MA99 resistance).
2. **TP2**: $11.95 (next psychological level beyond 24h high).
3. **TP3**: $12.10 (extension target if bullish momentum sustains).
### **Summary**:
- **Entry**: $11.60–$11.68
- **Stop Loss**: $11.45
- **Leverage**: 5x
- **Take Profit**:
- TP1: $11.80 (25% of position)
- TP2: $11.95 (50% of position)
- TP3: $12.10 (25% of position)
**Risk Note**: Monitor MACD/RSI for reversals. Adjust TP if price stalls at key levels ($11.80).