$AUCTION USDT PERPETUAL TECHNICAL BREAKOUT ANALYSIS
$AUCTION USDT is showing a clear bullish continuation structure on the higher timeframes after a strong impulsive move followed by healthy consolidation. Price action is respecting higher highs and higher lows, confirming buyers remain in control.
The chart indicates a bullish flag / ascending structure, suggesting accumulation rather than distribution. Volume expansion on upside moves supports trend strength, while pullbacks remain shallow — a classic sign of trend continuation. As long as the key demand zone holds, the next leg upward is favored.
BULLISH SCENARIO EXPECTED NEXT MOVE A successful hold above the breakout zone opens room for continuation toward the next resistance clusters.
TARGETS (TP):
TP1: 7.85
TP2: 8.60
TP3: 9.40
STOP LOSS (SL):
SL: 6.55
RISK MANAGEMENT: Risk only a small portion of capital per trade, wait for confirmation before entry, and consider partial profit booking at each target to protect gains.
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