#AUCTIONUSDT 1D Overview

PRICE ACTION:

• Current Price: $26.73 as of the posting, indicating a slight pullback from its recent upward momentum.

• Volume: Varying market participation, ranging from 141,154 to 514,753.

• ATR: Moderate volatility at 3.0083.

TECHNICALS:

• RSI: 53.94 (Neutral)

• MFI: 63.80 (Positive buying pressure)

• CCI: 99.45 (Moderate bullish trend)

• WR%: -36.20 (Neutral)

MOMENTUM:

• Bullish SMA

• ADI: +DI > -DI (Bullish)

• ADX: 19.06 (Weak trend)

• Bullish MACD

• Bullish PSAR

S/R LEVELS:

Support: $21.93, $22.99, $23.77, $25.00

Resistance: $26.74, $27.64

OVERALL MARKET BIAS:

$AUCTION is currently trading above the bullish ninja thread. Seems market was unable to break the VAH for the 4th attempt and has now flipped the trendline into its 62% key support. The recent downtrend it made had market bouncing from the 50% Fib level and the VAL. Bulls need to regain momentum to push price above the VAH, and a break from the 75% key resistance trendline. It could touch the -27% Fib level or create a new local high soon if the scenario does play out.

It demonstrates a moderately low volatile market with bullish momentum. Key indicators like RSI, MFI, and CCI suggest a positive buying sentiment. However, I still advise caution as the volume trend is bearish despite the bullish divergence observed in RSI, MFI, and FVE.