📢 $AUCTION / USDT | 🔴 SHORT | ⭐ 73%

🎯 Target: $3.06463101. Will it reach it?

🎯 Trading levels:
🔴 Entry: $3.11
🛑 Stop Loss: $3.1352
🏁 TP1: $3.0646
🏁 TP2: $3.0394
🏁 TP3: $3.0092

📈 Analysis:
The asset shows a clear bearish structure across multiple timeframes, confirmed by a break of previous levels. Selling pressure is supported by a significant increase in trading volume, which is well above its usual average. With a consolidated bearish trend, the market reflects seller dominance in the short term.

⚖️ Risk/Reward: 1:1.8

⏱️ Timeframe: 15M

💭 A bearish break of structure (BOS) occurs when the price falls below a previous support level, confirming that the selling trend is continuing with strength.

#crypto #AUCTION #trading #Bearish

💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision carefully.