🚀 $AUCTION : Bullish Reversal in Play? Reclaiming Key Support! 📈
The momentum is shifting for Bounce Token (AUCTION). After a deep pullback, the charts are finally flashing bullish signals as buyers step back into the driver’s seat.
🔍 The Technical Breakdown:
Support Reclaimed: $AUCTION
has successfully reclaimed the $5.20–$5.25 zone. This area has transitioned from resistance back to strong support, confirming that demand is absorbing the selling pressure.
Trend Shift: We are seeing a classic bullish reversal pattern. If the price holds above the $5.20 base, the path toward the $6.00+ range looks clear.
🎯 Trade Setup & Targets:
Entry Zone: $5.05 – $5.25 (Ideal for those looking for a retest).
TP 1: $5.50 (Immediate Resistance)
TP 2: $5.85 (Mid-term Target)
TP 3: $6.20 (Main Breakout Target)
⚠️ Risk Note: Momentum is strong, but always manage your risk. A daily close below $5.00 would invalidate this current bullish thesis.
Are you holding AUCTION for the $6.00 breakout, or waiting for a deeper dip? Let’s discuss below! 👇