$AUCTION AUCTION/USDT Surges 6.46%, Eyeing a Breakout Above $18.61 ๐
The AUCTION token is making waves with a 6.46% rise in the last 24 hours, currently trading at $18.45. The DeFi gem has touched a 24-hour high of $18.61, signaling potential for further gains if momentum holds.
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Key Metrics:
24H High: $18.61
24H Low: $17.22
Volume: Over 500K AUCTION traded.
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Trade Setup:
Immediate Resistance: $18.70
Support Zone: $17.50
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Targets:
1๏ธโฃ Short-Term: $18.80
2๏ธโฃ Mid-Term: $19.20
3๏ธโฃ Long-Term: $20.00
Stop Loss: $17.50 (to manage downside risk).
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Why the Rally?
1๏ธโฃ DeFi Revival: Renewed interest in decentralized finance projects boosts AUCTIONโs appeal.
2๏ธโฃ Volume Surge: High trading activity indicates strong market interest.
3๏ธโฃ Technical Breakout: Recent move above $18.00 signals bullish sentiment.
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๐ Traders, watch for a confirmed breakout above $18.70 for sustained upside potential. Tight risk management is crucial as volatility remains high.
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