🔥 $AUCTION | A parabolic-like surge… and exhaustion is evident
$AUCTION recorded a sharp rise within strong resistance,
with a clear rejection tail appearing ➝ a classic signal of a correction beginning after buyer exhaustion.
📉 Short on $AUCTION now
🎯 Entry area:
5.40 – 5.55
🎯 Targets:
TP1: 5.15
TP2: 4.90
TP3: 4.60
🛑 Stop loss:
5.75
⚠️ The scenario is based on:
✔️ Quick surge
✔️ Rejection from resistance
✔️ Weak continuation after the peak
Trade management is important —
Those who know how to sell peaks… understand the market 😎📊
