AUCTION is experiencing a parabolic rally, positioning for a potential continuation after its initial pullback. The current setup suggests a high-probability continuation move.
On the 15m chart, AUCTION maintains a strong bullish structure. Price is well above EMA7, EMA25, and EMA99, supported by impulsive candles and significant volume expansion.
The recent rejection at 9.04 appears to be profit-taking rather than distribution. This indicates sustained aggressive bullish sentiment in the market.
🎯 Entry Zone (LONG): 8.20 – 8.60
TP1: 9.20
TP2: 9.80
TP3: 10.80
🛑 SL: 7.70
Bullish momentum remains dominant. Favor dip buys as long as price holds above EMA25 and the prior breakout zone.
Trade AUCTION 👇
#AUCTION #Bullish #Momentum
(AUCTIONUSDT)
