Trading signal alert for $AUCTION /USDT
$AUCTION /USDT has been on a strong bullish run in recent days, breaking above a key resistance level at $15.35. The price has since consolidated around the $18 level, suggesting potential for further upside.
Current Price: $18.13
Entry: $18.13 (Current Price)
Resistance: $18.27 (24-hour high)
Support: $15.35 (Previous resistance)
Take Profit Targets:
* TP1: $18.42 (Minor resistance)
* TP2: $19.00 (Psychological level)
* TP3: $20.00 (Major psychological level)
Stop Loss: $15.20 (Below the previous support level)
Caution:
Traders should be cautious as the RSI is currently overbought at 70.60. This suggests that the market may be overextended and a correction could be imminent. Watch for potential pullbacks or consolidation before entering new positions.
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