🚀 $AUCTION just woke the market up. Loudly.
Price exploded to $5.77 (+15%) after sweeping liquidity from $5.00, then launching straight to $6.61 in a single impulse. That move wasn’t random — volume spiked hard, confirming real demand, not a thin pump 📊
On the 1H chart:
• Price is well above MA7, MA25, and MA99 → clean bullish structure
• Pullback is controlled, not panicked — sellers couldn’t push it back down
• This looks like profit-taking, not reversal
🧠 What’s flying under the radar:
• $AUCTION (Bounce Finance) is gaining traction again as on-chain auctions + token launches pick up
• Growing interest in permissionless token distribution as teams move away from VC-heavy launches
• Low float + renewed attention = volatility magnet ⚡
📍 Key levels to watch:
Support: $5.40 – $5.50
Resistance: $6.10 → $6.60
Momentum like this doesn’t ask for permission.
It either cools briefly… or it runs again 👀🔥
