$AUCTION
/USDT is showing strong bullish strength, rallying +17.54% to 5.36 USDT and firmly positioning itself among the top DeFi gainers. The price action expanded aggressively from the 24h low at 4.28 to a 24h high of 6.23, highlighting strong demand and confident buyer control. With 2.71M AUCTION traded against 14.52M USDT volume, liquidity remains healthy, supporting smooth entries and exits for both intraday and swing traders. This sharp recovery structure reflects accumulation followed by a momentum-driven push, a classic sign of trend initiation rather than a weak bounce.
From a trading view, the 5.00 – 5.20 zone now acts as a critical demand and retest area, while 5.90 – 6.23 stands as the immediate resistance band. A sustained breakout above 6.23 with volume expansion can unlock upside potential toward 6.80 – 7.20 in the short term. Traders looking for safer entries may wait for a pullback toward support with bullish confirmation, while momentum traders can trade the breakout with tight risk control. Overall, AUCTION maintains a bullish continuation bias, but given DeFi volatility, disciplined stop-loss placement below key support remains essential for protecting capital.