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$AUCTION (Bounce Finance Token) — Trade Update | Feb 8, 2026
Current Price: ~$4.9 – $5.0 market range 📌(CoinMarketCap / Binance data)
Market Cap: ~$32–38 M (small-cap)
Volume: ~$24–33 M (active liquidity)
Vol/MCAP: ~65%+ — fresh rotation present
$AUCTION has bounced off long-term lows and is showing choppy range behavior with strong volume relative to market cap, typical of renewed speculative interest.
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🧠 Market Structure + Narrative
🔹 Bounce Finance is a governance & utility token used for bids, governance, auctions, and NFT/token auction formats on its platform.
🔹 The price has crashed ~90%+ from its all-time high (2021), but is showing a range bounce + volume pickup as traders test demand zones.
🔹 Low supply (~7.6 M) and high holder concentration make the token sensitive to swings and susceptible to quick rallies or fast selloffs.
This is a volume-driven recovery attempt rather than a confirmed breakout.
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📊 Key Levels to Watch
🟢 Support Zones
• ~$4.40 – $4.60 → Primary buy zone
• ~$3.80 – $4.10 → Deeper support if range breaks
🔴 Resistance Zones
• ~$5.50 – $5.80 → Near-term supply wall
• ~$6.20 – $6.80 → Medium resistance
• ~$7.30+ → Breakout confirmation
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🎯 Trade Strategy (Not Financial Advice)
🟩 Scenario 1 — Range Bounce (Main Play)
Entry: $4.40 – $4.60
Stop-Loss: < $3.80
Targets:
➡ TP1: $5.50
➡ TP2: $6.20
➡ TP3: $7.30+
Reasoning: Strong volume and base around $4.4–$4.6 supports bounce play.
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🔥 Scenario 2 — Breakout Confirmation
Only trade if price closes above $5.80 with solid volume.
Entry: $5.85 – $6.00
Stop: Below $5.50
Targets:
➡ $7.30
➡ $8.20+
High-momentum zone, but confirm with volume first.
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🔻 Scenario 3 — Range Rejection (Counter-trend)
If price fails at resistance ($5.80–$6.00):
Short Entry: ~$5.70
Targets:
➡ $5.10
➡ $4.60
Stop: Above $6.10
Only for disciplined, tight-risk
#BounceFinance #AltcoinSwing #CryptoTrading $AUCTION