$AUCTION just printed a strong parabolic move straight into resistance and the rejection wick says a lot. Momentum looks exhausted here and price is struggling to hold higher levels. This kind of move usually invites a pullback before any healthy continuation.
Right now sellers are starting to show up and risk-reward favors a short if price stays below resistance.
Short $AUCTION here
Entry zone 5.40 – 5.55
Stop loss 5.75
Target 1 5.15
Target 2 4.90
Target 3 4.60
Market note: after sharp vertical moves, cooling down is normal. Smart traders wait for exhaustion and trade the reaction, not the hype.
Click below the trade 👇👇
AUCTIONUSDT
Löpande
6.777
+34.27%