$AUCTION AUCTION/USDT Surges 6.46%, Eyeing a Breakout Above $18.61 ๐Ÿš€

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๏ธโƒฃ Short-Term: $18.80

2๏ธโƒฃ Mid-Term: $19.20

3๏ธโƒฃ Long-Term: $20.00

Stop Loss: $17.50 (to manage downside risk).

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Why the Rally?

1๏ธโƒฃ DeFi Revival: Renewed interest in decentralized finance projects boosts AUCTIONโ€™s appeal.

2๏ธโƒฃ Volume Surge: High trading activity indicates strong market interest.

3๏ธโƒฃ Technical Breakout: Recent move above $18.00 signals bullish sentiment.

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๐Ÿ“ˆ 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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