This is a textbook vertical expansion. After a long, quiet base around the $5 area, $AUCTION ignited with aggressive breakout buying, pushing +60%+ in a straight line. That kind of candle structure is momentum + FOMO, not slow accumulation.

Now price is stretched. The spike itself isn’t the signal — how price behaves after it is. A shallow pullback and hold above the breakout zone keeps continuation alive. Any deep retrace into the base would signal exhaustion.

Key Zone: 7.20 – 7.60 (breakout acceptance area)

Immediate Resistance: 8.50 → 9.20

Bias: Bullish continuation only if higher low forms

Invalidation: Sustained loss below 7.00

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Big moves create big traps. Let structure confirm — don’t chase vertical candles.

AUCTION

6.85

+35.64%