$AUCTION : LONG on Oversold Bounce

AUCTIONUSDT

Perp

6.219

-0.46%

Buy the dip into extreme 15m oversold conditions for a counter-trend bounce.

Entry: $6.300 - $6.350

Stop Loss: $6.100 (below recent swing)

Take Profit 1: $6.600

Take Profit 2: $6.800

Take Profit 3: $7.000

Note: A break below $6.100 could trigger further liquidation toward $5.50. A reclaim of $6.600 confirms a short-term reversal.

Risk Warning:

High volatility with both longs and shorts underwater. Manage position size carefully.

DYOR – This is not financial advice. Verify market conditions before trading.

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