$AUCTION
$AUCTION 1h Update: - I expect the price to remain under pressure below 3.46, with rallies being sold into unless a strong reversal signal appears.
- The primary setup is a short in the 3.46–3.56 range on confirmation of rejection, with targets at 3.38 and then 3.33. Stop-loss should be placed above swing highs in the 3.56–3.63 region.
- If price sweeps the 3.28–3.33 low and quickly reclaims 3.33 with reversal signals like a pin bar or strong bullish engulfing on lower timeframes, a quick long toward 3.41 and possibly 3.46 could be taken.
- If price breaks and holds above 3.56 with strong bullish momentum, I would reconsider the bearish bias and look for potential moves toward 3.63, 3.68, and even 3.75 as the next targets.
- Wait for clear confirmation before entering: rejection candles, volume spikes, or lower timeframe structure breaks are essential for both long and short setups.
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#AUCTION
$AUCTION 1h Update: - I expect the price to remain under pressure below 3.46, with rallies being sold into unless a strong reversal signal appears.
- The primary setup is a short in the 3.46–3.56 range on confirmation of rejection, with targets at 3.38 and then 3.33. Stop-loss should be placed above swing highs in the 3.56–3.63 region.
- If price sweeps the 3.28–3.33 low and quickly reclaims 3.33 with reversal signals like a pin bar or strong bullish engulfing on lower timeframes, a quick long toward 3.41 and possibly 3.46 could be taken.
- If price breaks and holds above 3.56 with strong bullish momentum, I would reconsider the bearish bias and look for potential moves toward 3.63, 3.68, and even 3.75 as the next targets.
- Wait for clear confirmation before entering: rejection candles, volume spikes, or lower timeframe structure breaks are essential for both long and short setups.
🚨 Get free AI trade signals before the move starts.
Join Finora AI → tinyurl.com/FinoraBot
#AUCTION