$AUCTION /USDT – Long Setup Forming After Strong Bounce From Support
AUCTION has shown a clean recovery from the $5.30–$5.35 support zone, pushing back above $5.50, signaling early signs of bullish momentum on the 4H chart. If price sustains above key support, continuation toward higher levels is likely.
📌 LONG Entry Zone
Entry:
$5.48 – $5.55
This zone offers a favorable R:R if AUCTION maintains price above the local structure.
Targets
TP1: $5.72
TP2: $5.88
TP3: $6.0 Stop Loss
$5.28
(Below the recent swing low and key liquidity zone📍 Key Levels to Watch
Support: $5.30, $5.45
Immediate Resistance: $5.60
Major Resistance: $5.88 – $6.00
Bullish breakout level: Close above $5.72📈 Outlook
As long as AUCTION holds above $5.48 support, bulls have room to push price toward $5.72 and beyond. A break and close above $5.88 would confirm stronger upside momentum.
