#AUCTION REJECTED? WHAT'S NEXT?

AUCTION has shown a remarkably strong impulsive movement from the broken minor resistance at 15.39-16.19. The reason being is that we've identified the price range 11-18 to be its ranging key levels since April 2024. This further intensified our basis for the breakout of AUCTION. As the breakout has already happened, we're now observing whether it will continue this rally or revisit the lower levels of support or at its bottom below the 11 price.

Stay wise, trade cautiously.