$AUCTION 📉 Trade Bias: Short

Why: HTF shows this is a dead cat bounce within a macro downtrend. Price rejected the ~7.8 zone (previous breakdown area) and is now coiling. LTF confirms loss of momentum: declining volume, weakening RSI (from 67 to 49), and MACD rolling over despite sideways price action.

🧠 Market Psych: Late bulls are chasing the 30-day rebound (+40%), but funding rates are deeply negative — shorts are getting paid to wait. Liquidity rests above 7.2 for a stop hunt before the next leg down.

Entry Zone: 6.90 – 7.05

Stop Loss: 7.25 (above recent high)

Take Profit 1: 6.35 | TP2: 5.90

R:R ≈ 1:3

❌ Invalidation: A decisive break and close above 7.25 with volume negates the bearish structure.

This is a classic "bear market rally fade." Most traders are buying the bounce, but the momentum divergence and negative funding tell me the smart money is quietly reloading shorts. The risk is well-defined.#Mag7Earnings #SouthKoreaSeizedBTCLoss #ScrollCoFounderXAccountHacked #ETHWhaleMovements #GrayscaleBNBETFFiling