$AUCTION is currently in a bearish market structure, evidenced by its trading below key resistance.
With a price of 10.38 USDT, a breakout above 10.57 USDT could initiate a bullish reversal.
A pullback to the support level of 10.26 USDT may present a favorable entry point for traders.
However, be cautious of external risk factors, particularly Bitcoin's volatility and potential macroeconomic disruptions.
Overall, monitor RSI at 40.77 for signs of a trend reversal or continued weakness.