$AUCTION is trading in a controlled bullish structure with higher lows intact on the short term chart. Strong support is formed near 6.55 where price previously rebounded with volume confirmation, indicating buyer interest at that level. Resistance is currently positioned around 7.35 which has acted as a supply zone multiple times. A decisive close above this area would open the door for continuation. The next target is projected near 8.10 where historical selling pressure exists. Momentum indicators suggest strength but also hint at brief pauses, so patience near resistance is advised. As long as price holds above support, trend bias remains positive and pullbacks are expected to attract buyers rather than trigger reversals. 🧠💎
AUCTION
5.62
-5.22%