$AUCTION is because price already went through a strong rejection from the intraday high and then sold off into a clear liquidity grab below the recent range. Buyers stepped in immediately and price stopped accepting lower levels.

Market read

I’m seeing sell-side liquidity swept near the lower range followed by stabilization. The structure is still holding above the key demand area and price is now moving sideways, showing absorption rather than continuation to the downside. As long as AUCTION stays above the recent low, the bias remains for a recovery move.

Entry point

I’m looking to enter around 6.65 – 6.75

This zone sits right on demand and gives a clean risk-to-reward setup.

Target point

TP1: 7.10

TP2: 7.45

TP3: 7.80

These targets align with previous rejection zones and unfilled liquidity from the earlier drop.

Stop loss

6.20

If price goes there, the structure breaks and I’m out without hesitation.

How it’s possible

Price swept sell-side liquidity, printed rejection wicks at the lows, and then moved into consolidation. That behavior usually signals selling pressure is exhausted. If buyers continue to defend this base, price naturally looks for higher liquidity above.

I’m calm, I’m patient, and I’m following the structure.

Let’s go and Trade now $AUCTION