Trade Setup for AUCTION (Spot)
š¹ Trade Type: Spot Buy (Short-Term Swing Trade)
š° Entry Zone (Buy):
Ideal Buy Range: $12.80 ā $13.10
You can buy now near $13.01
Wait for small dip to $12.80 for better entry if possible
š Stop Loss:
Place SL at $11.80
Below recent support and 25 MA for safety
šÆ Target Levels (Take Profit):
Target 1: $13.90 ā recent high (partial take profit)
Target 2: $15.20 ā next breakout level
Target 3 (optional): $16.80 ā if volume confirms
š Position Sizing Example
Letās say you want to risk $10 on this trade:
Entry: $13.00
SL: $11.80 ā Risk = $1.20
Position size = $10 / $1.20 ā 8.3 AUCTION coins
š² How to Place This Trade on Binance App
1. Open Binance App
2. Go to Markets > AUCTION/USDT
3. Tap Buy
4. Choose Limit Order (or Market if immediate)
5. Set Price: e.g., $13.00
6. Enter amount: e.g., 8.3 AUCTION
7. Tap Buy AUCTION
8. After buying, go to Sell > Stop-Limit
Stop: $11.90
Limit: $11.80
Amount: 100% of your AUCTION
9. Set Sell Limit Orders for targets:
Target 1: $13.90
Target 2: $15.20
Target 3: $16.80
š Risk Management Reminders:
Donāt use full capital in one trade
Always use a stop loss
Use trailing stop once profit reaches 10ā15%
Monitor 15m and 1h chart for trend strength
$AUCTION
