$AUCTION /USDT: Riding the Breakout for Precision Gains
$AUCTION /USDT is trading at $20.68, reflecting a 13.69% surge in the last 24 hours with a high of $20.86. The RSI at 78.60 signals strong bullish momentum but hints at overbought conditions, suggesting a potential pullback or consolidation near current levels. Enter the trade around $20.60, targeting gradual profits with TP1 at $20.80, TP2 at $21.00, and TP3 at $21.20. Set a stop loss at $20.10 to protect against unexpected reversals.
The breakout above $20.00 shows robust interest in AUCTION, making this setup suitable for short-term traders looking to capitalize on the momentum. Secure partial profits at each target and monitor closely for potential consolidation near the $21.20 resistance zone. A breakout beyond this level could open doors to extended gains.