$AUCTION đđ„
AUCTIONUSDT Rally Cooling, Structure Still in Play
đMarket Structure:
AUCTION printed a sharp impulsive move from the 4.28 base, breaking short-term structure to the upside. The rally stalled near 6.23, followed by a healthy pullback â now forming a higher low structure, not a breakdown.
đKey Levels:
Support: 5.00 â 5.10 (intraday demand zone)
Major Support: 4.60 â 4.30
Resistance: 5.60
Major Resistance: 6.20 â 6.30
Volume & Flow:
Strong inflows fueled the initial pump, confirming aggressive buyers. Recent candles show reduced volume â clear signs of profit-taking, not panic selling. Flow is cooling, but hasnât flipped bearish.
Momentum Read:
Bullish momentum is slowing, not dead. RSI cooling + fading MACD histogram suggests consolidation or a pullback before the next decision move.
đïžBias:
đ Neutral-to-Bullish while holding above 5.00
Continuation only if volume returns. Below support, expect deeper retrace.
Bottom line:
Trend isnât broken â but patience beats chasing here.