$AUCTION
š AUCTION/USDT: Ready for a Breakout? š
The AUCTION/USDT pair is on fire, surging 11.20% in the last 24 hours and currently trading at $20.46, just shy of its 24-hour high of $20.58. Bulls have taken the wheel, with price breaking through the key psychological level of $20.00, which now acts as strong support.
š Support & Resistance Levels:
Support: $20.00 (psychological level), $19.50 (recent consolidation zone).
Resistance: $20.58 (current high). A break above this could trigger a fresh rally.
š„ Entry Strategy for Traders:
If the price breaks above $20.58 with strong volume, this could signal a continuation of the bullish trend. Enter long positions on the breakout, with a stop-loss just below $20.00 to minimize risk. For cautious traders, wait for a retest of $20.00 as support before entering.
With $7.63M in trading volume, the momentum is strong, but watch for profit-taking near resistance. Are we about to see AUCTION hit new highs? Stay sharp and trade smart! š
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