$AUCTION / USDT — Strong Bullish Continuation After Breakout

$AUCTION is trading around $5.58 (+13%), showing a strong bullish continuation on the 1H chart after breaking out from a tight consolidation range. Price expanded aggressively, tagged the local high near $5.73, and is now holding above the breakout zone — signaling buyer dominance and continuation potential rather than exhaustion.

Trade Setup (Long):

Entry Zone: $5.40 – $5.60

Stop Loss: $5.05

Targets:

TP1: $5.80

TP2: $6.20

TP3: $6.80

Best entries are on shallow pullbacks into the $5.40–$5.50 support zone or on a clean continuation break above $5.75 with volume confirmation. Volatility remains elevated, so disciplined risk management is essential.

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