Wait… wait… wait… 👀 don’t chase the bounce…
$AUCTION — SHORT 🔴 (Resistance Rejection)
Why SHORT?
1️⃣ Upside stalled right at resistance
2️⃣ Sellers leaned in immediately — no acceptance higher
3️⃣ Momentum rolling over again
4️⃣ Bounce looks corrective, not a trend reversal
Entry Zone: 6.45 – 6.80
SL: 6.98
Targets:
🎯 TP1: 6.18
🎯 TP2: 5.82
🎯 TP3: 5.40
As long as this zone caps price, downside remains favored.
Patience first — let price confirm.
Trade $AUCTION here 👇
AUCTIONUSDT
Perp
5.02
+12.43%