🔥 Under Pressure: What's Next for AUCTION/USDT?
Price $AUCTION on the 1H timeframe is squeezed between EMA50 and EMA99, indicating a clear slowdown of momentum and a phase of consolidation. The market seems to be holding its breath — this often looks like accumulation before a movement. Let's figure out who is stronger now: bulls or bears 👀
📊 Brief on Indicators
EMA50 / EMA99 — price in a "corridor", market without direction
RSI (43.8) — closer to oversold, potential for a bounce exists
MACD — in the negative, but selling pressure is gradually weakening
Stochastic (69.1) — near overbought, a local pullback is possible
🧭 Trading Plan
Main scenario — long, but strictly with confirmation. The market is weak, so no rush.
🎯 Targets:
6.22 — +2.0%
6.55 — +6.1%
6.70 — +10.0%
🟢 Entries:
Aggressive: from 6.00 — betting on holding the range
Conservative: breakout and consolidation above 6.10
🔴 Stop-Loss:
5.80 — below the consolidation zone, protection against a false scenario
✅ Conclusion
AUCTION looks compressed like a spring. While there is no momentum — we operate carefully, but with a breakout upwards, the potential movement is quite worthy. We monitor the volume and reaction to EMA — the market will make a choice soon ⚖️
Trading 👉$AUCTION
