$AUCTION is trading at $20.90, reflecting a 17.81% gain in the last 24 hours. The price is consolidating after a sharp move up, with a 24-hour high of $22.58. This setup indicates potential for either a breakout or retracement.

Trade Setup:

Long Setup:

Entry: Above $22.60 (Breakout confirmation)

Stop Loss (SL): $21.50

Take Profit 1 (TP1): $23.80

Take Profit 2 (TP2): $25.00

Short Setup:

Entry: Below $20.50 (Breakdown confirmation)

Stop Loss (SL): $21.00

Take Profit 1 (TP1): $19.50

Take Profit 2 (TP2): $18.50

Technical Outlook:

$AUCTION is showing bullish momentum but is facing resistance near $22.60. A breakout above this level could lead to further gains targeting $25.00, while a breakdown below $20.50 might signal a retracement toward lower support levels.

Monitor volume for confirmation and apply disciplined stop-loss strategies to minimize risk.

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