$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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