🚀 $AUCTION /USDT: Poised for a Breakout? 🚀

The AUCTION/USDT pair has surged by 11.20% in the past 24 hours, currently trading at $21.53, just under its 24-hour high of $20.58. Bulls are in control, with the price breaking past the crucial $20.00 psychological level, which now serves as solid support.

📈 Support & Resistance Levels:

Support: $20.00 (psychological level) and $19.50 (recent consolidation zone).

Resistance: $20.58 (current high). A break above this level could spark a fresh rally.

🔥 Entry Strategy for Traders:

If the price breaks above $20.58 with strong volume, it could signal a continuation of the bullish trend. Enter long positions on the breakout, with a stop-loss just below $20.00 for risk management. For more cautious traders, wait for a retest of $20.00 as support before entering.

With $7.63M in trading volume, the momentum is strong, but keep an eye on potential profit-taking near resistance. Will AUCTION hit new highs? Stay alert and trade wisely! 🌟

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