$AUCTION Momentum Fades After Strong Push, Bears Take Over❗#AUCTION made an aggressive run to $16.93, but it couldn’t hold above that level. Sellers quickly stepped in, knocking the price back down to $15.27 on the 4-hour chart. That sharp rejection from the highs is a clear sign the bulls are losing grip at least in the short term.

Chart Overview:

24h High: $16.93

24h Low: $14.07

Current Price: $15.27 (+3.67%)

Stoch RSI: Cooling off from overbought, signaling possible further dip

What to Watch:

Key Resistance: $16.00 – $16.50

Support Zone: $14.50 – $15.00

If price holds above $15.00, a bounce could be in the cards. But a breakdown under $14.50 might spark more downside.

Takeaway:

The uptrend just hit a wall. Until AUCTION reclaims $16 with conviction, it’s wise to stay cautious. Let the next candle patterns confirm direction before entering new trades. Bulls need to show up fast otherwise, this dip could deepen.

buy and trade here $AUCTION

AUCTION

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