$AUCTION just made a textbook vertical move. After consolidating quietly around $5, aggressive breakout buying pushed it up over 60% in a straight surge. This type of candle shows strong momentum and FOMO, not gradual accumulation.
Right now, the price is stretched. The key is how it reacts after the spike:
A shallow pullback that holds above the breakout zone keeps the bullish trend intact.
A deep retracement back into the base would indicate the move is exhausted.
Key Levels:
Breakout Acceptance Zone: $7.20 – $7.60
Immediate Resistance: $8.50 → $9.20
Bullish Bias: Only if a higher low forms
Invalidation: If price drops and stays below $7.00
⚠️ Big moves can trap late buyers. Let price structure confirm before jumping in — don’t chase vertical candles.
