📉 $AUCTION Price just got pushed down from the local high after a sharp run. Now it’s compressing right above the dynamic EMA, holding but feeling heavy.

Trading Plan (Short):

Entry: $6.70 – $6.90

SL: $7.20

TP: $6.29

AUCTION failed to reclaim the $7.80 top and has been stalling ever since. The recent red candles came with solid volume, sellers clearly stepping in and capping upside. I want to see a clean break below the blue EMA to confirm the short is on. Buying momentum is fading fast, looks like exhaustion after the push. Any close back above $7.20 and this idea is dead, no debate.

Short $AUCTION 👇

AUCTIONUSDT

Perp.

4.988

+4.68%