LONG #AUCTION USDT from $17.068 stop loss $15.098

1h TF. The asset is slowing down its downward movement in the support zone of 16.50 – 16.00. The price has stabilized at the lower boundary of the range, confirmed by increasing volumes and buyer interest. The downward structure remains, but holding the support zone opens the possibility for corrective growth. The nearest resistance is located at levels 17.50 – 18.00 (Fair Value Gap), 19.50 – 20.00 (order block), and 22.00 – 23.00 (upper boundary of the channel). Conditions for entry include holding the zone 16.50 – 16.00 and forming a reversal pattern, or breaking the level of 17.50 with a consolidation above.

Take profits:

TP1: 18.00 — FVG zone.

TP2: 20.00 — key liquidity.

TP3: 23.00 — upper boundary of the channel.

Open trade 👇$AUCTION