LONG #AUCTION USDT from $19.485 stop loss $18.188
1h TF. The asset is demonstrating a slowdown in the descending correction in the support zone of 18.5, which coincides with key liquidity and demand zones. The upward trend line remains relevant, and holding this area may lead to a short-term increase. The formation of reversal patterns, such as bullish engulfing, or breaking the level of 19.5 with a consolidation above will become a signal for a long position. The increase in volumes at local minima confirms the accumulation of buying positions, which enhances the likelihood of movement towards liquidity levels 20.5 and 21.0.
Take profits:
TP1: 20.5 — nearest liquidity zone and FVG.
TP2: 21.0 — key resistance zone.
TP3: 25.6 — upper trend boundary
Open a deal 👇$AUCTION