$AUCTION — Momentum Expansion After Breakout
AUCTION just delivered a clean volatility expansion after spending hours in accumulation. Price broke above the $4.80–5.00 supply zone with strong bullish candles and volume, pushing straight into the $5.80–5.90 area. This kind of vertical move usually means aggressive buyers are in control, but short-term cooling or a small pullback is healthy before continuation. As long as AUCTION holds above the breakout base, the structure stays bullish and dips are likely to be bought rather than sold.
Trade Signal (Momentum + Pullback Play)
Entry: $5.60 – $5.70 (on pullback / consolidation hold)
Targets: $6.10 → $6.45 → $6.90
Stop Loss: $5.20 (below breakout structure)
Bias stays bullish while price holds above the $5.20–5.30 zone. Chasing green candles is risky patience on the retest gives better R:R.
