๐ฅ $AUCTION โ HIGH-MOMENTUM BREAKOUT, VOLATILITY IN PLAY ๐ฅ
$AUCTION just exploded out of a long base with strong impulsive candles on H4. This is a momentum-driven move; continuation is possible, but risk management is key after such a sharp expansion.
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๐ AUCTIONUSDT LONG SETUP
โข Entry zone: 7.10 โ 7.40
โข Stop Loss: 6.34
โข TP1: 8.50
โข TP2: 10.00
โข TP3: 12.80 โ 13.60 ๐
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๐ Why this setup is bullish
โข Clean breakout from prolonged consolidation
โข Strong volume and wide-range bullish candle (initiative buying)
โข Previous resistance around ~6.5โ7.0 flipped into support
โข Momentum structure favors continuation while above support
โข Clear upside liquidity toward 10+ and 13+
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๐ Trade management
โข Best entries come from shallow pullbacks, not chasing tops
โข Take partial profits at TP1 to reduce risk
โข Trail stop to breakeven after confirmation above 8.0
โข Keep leverage conservative โ AUCTION moves fast
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โ ๏ธ Invalidation
โข A sustained breakdown below 6.34 invalidates the bullish bias
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๐ง Reminder
Parabolic moves reward discipline, not FOMO.
Let structure guide you โ not emotions.
