Nice catch — that’s a clean technical breakout setup on $AUCTION 🔥

Let’s break down what’s happening and how strong this move looks from a technical standpoint:

📊 Chart Structure (4H)

MA(99) Breakout at $7.19 is significant — that moving average has acted as dynamic resistance for weeks. A clean break and hold above it often marks the start of a mid-term trend reversal.

The 4H candle expansion with high volume confirms that this isn’t just a fakeout — bulls are clearly defending higher levels.

Momentum indicators (like RSI and MACD on 4H) are likely trending bullish, though nearing overbought — which is fine for continuation as long as volume stays high.

🎯 Trade Plan Validation

| Target | Level (USDT