$AUCTION — vertical push is stalling near highs, upside isn’t getting clean acceptance.
Short $AUCTION
Entry: 7.3 – 7.7
SL: 8.10
TP1: 6.80
TP2: 6.20
TP3: 5.60
The impulsive move went nearly vertical and price is now hesitating right under the highs, with follow-through starting to fade. Buyers pushed hard, but continuation is slowing and reactions up here look more like profit-taking than fresh acceptance. After an extended run, this behavior points to a corrective pullback rather than immediate continuation. As long as this zone caps price, risk favors a mean reversion lower.
Trade here 👇
AUCTIONUSDT
Perp
6.636
+31.53%