$AUCTION
AUCTION Stabilizes After Pullback: Ready for a Recovery?
By @SaleeM_MeYo
Market Outlook
Buyers appear to be gradually re-entering the market, and as long as the price successfully holds this newly established base, the possibility of a recovery push towards the upper resistance zone remains strong. This setup presents an attractive opportunity for traders anticipating an upward continuation.
Trade Setup (Long)
Entry Zone: 6.50 – 6.70
Stop Loss: 6.10 (Invalidation point if support fails)
Take Profit Targets
TP1: 7.30 – Initial resistance test.
TP2: 8.20 – Significant extension towards a mid-range target.
TP3: 9.00 – A full recovery push towards the previous upper resistance.
#AUCTION #CryptoTrading #MarketAnalysis #LongPosition #PriceAction