$AUCTION — Upside stalled, sellers defending resistance 📉
Short $AUCTION
Entry: 6.45 – 6.80
Stop Loss: 6.98
Targets:
• TP1: 6.18
• TP2: 5.82
• TP3: 5.40
Structure & Momentum:
The recent push higher failed to gain acceptance, with immediate sell pressure stepping in at resistance. Momentum is rolling over again, and the upside move appears corrective, not a true trend reversal. As long as this zone caps price, downside continuation remains favored.
Trade $AUCTION here 👇