🔥 $AUCTION Explodes — Momentum-Driven Breakout in Play
$AUCTION is showing exceptional strength after a sharp price expansion, currently trading around 9.00 USDT with a +79% move in the last 24 hours. This surge confirms strong market participation and aggressive buying interest, marking a clear shift in trend.
Price delivered a clean breakout from the mid-range structure around 5.50–6.00, followed by rapid acceleration with higher highs and higher lows — a textbook bullish transition.
On the 1H timeframe, bullish candles continue to dominate while pullbacks remain shallow and controlled, suggesting momentum is sustained rather than exhausted. Importantly, volume expansion on green candles confirms this move is demand-driven, not merely a short squeeze.
📈 $AUCTION Trade Setup
🎯 Entry Zone:
• 8.40 – 8.80
🎯 Targets:
• TP1: 9.80
• TP2: 10.90
• TP3: 12.20
🛑 Stop Loss:
• 7.95
🔍 Structure & Outlook
As long as AUCTION holds above the 8.30–8.50 support region, the bullish structure remains intact. A confirmed hold above the 9.00 breakout zone with sustained volume could accelerate price toward double-digit levels.
A loss of 7.95 would invalidate the short-term bullish thesis and signal cooling momentum — risk management remains key.
⚡ Momentum favors continuation — trade with discipline.
