I thought that once Trump became President of the United States, he would strongly support the crypto market. But now, it feels like his actions are actually hurting it. š„¹š$BTC
Some trades you spot early, and some slap you in the face. AUCTIONUSDT is the latter. Itās been on an absolute tear, now sitting at $45.375, creeping toward its 24H high of $47.429.
So, the real question is: Does this rally have legs, or is it about to roll over?
Why This Looks Like the Real Deal
š Momentum is Insane ā The price has been riding the upper Bollinger Band like a train with no brakes. When this happens, it usually means buyers arenāt messing around.
š MACD Looks Strong ā The bullish crossover is clear, and thereās no sign of slowing down. If this move was fake, weād see hesitation. Right now? Nothing but strength.
š RSI is Climbing, But Not Overheated ā Itās sitting around 64, which means thereās still juice left before it gets overbought. Thatās exactly what you want to see before a real breakout.
š Volume Confirms the Move ā Price pumps without volume are traps. But here? Volume is picking up, and thatās a green flag for continuation.
Whatās Next?
If it smashes past $47.429, expect a straight shot toward $50+. The setup is there, the momentum is thereānow it just needs follow-through.
If it pulls back, watch $43.319 for support. If buyers step in there, $AUCTION this rally isnāt done.