Some trades you spot early, and some slap you in the face. AUCTIONUSDT is the latter. It’s been on an absolute tear, now sitting at $45.375, creeping toward its 24H high of $47.429.
So, the real question is: Does this rally have legs, or is it about to roll over?
Why This Looks Like the Real Deal
📌 Momentum is Insane – The price has been riding the upper Bollinger Band like a train with no brakes. When this happens, it usually means buyers aren’t messing around.
📌 MACD Looks Strong – The bullish crossover is clear, and there’s no sign of slowing down. If this move was fake, we’d see hesitation. Right now? Nothing but strength.
📌 RSI is Climbing, But Not Overheated – It’s sitting around 64, which means there’s still juice left before it gets overbought. That’s exactly what you want to see before a real breakout.
📌 Volume Confirms the Move – Price pumps without volume are traps. But here? Volume is picking up, and that’s a green flag for continuation.
What’s Next?
If it smashes past $47.429, expect a straight shot toward $50+. The setup is there, the momentum is there—now it just needs follow-through.
If it pulls back, watch $43.319 for support. If buyers step in there, $AUCTION this rally isn’t done.
TRB is holding above key support at $30.8, showing signs of accumulation. With RSI hovering around 55-62, there’s still room for upside before hitting overbought conditions. The MACD is near a bullish crossover, signaling potential momentum.
What’s Next?
🔹 If $31.7 breaks, expect a run toward $35-$38—a level where major liquidity sits. 🔹 Holding above $30.8 keeps bulls in control, but a drop below $30.5 could weaken the structure.
$GMT Trade running in loss , I recommend set exit price at your entry price. In 4 hours , the market will be more volatile and I'm expecting the price will reach our entry then we can exit the trade without any loss .