$AUCTION — bounce into supply, rejection showing early.
Short AUCTION
Entry: 5.15 – 5.30
SL: 5.55
TP1: 4.95
TP2: 4.60
TP3: 4.20
$AUCTION is tapping back into a tight resistance zone after the bounce. Price is struggling to hold above prior structure, with early rejection and weak follow-through on the highs. Momentum is already stalling here, so a tighter stop makes sense as long as supply continues to cap this area.
Trade $AUCTION here