$AUCTION is breathing fire right now.
A sharp impulse from the 4.97 zone flipped market mood fast. Buyers stepped in with force, volume expanded, and momentum is still leaning bullish even after the pullback. The rejection near 5.95 shows profit taking, not weakness. Price is now compressing, which often comes before the next decision.
Support
5.30 to 5.20 is the key demand pocket
Below that, strength fades
Resistance
5.95 remains the wall
Clear break opens space higher
Entry
Around 5.40 to 5.50 on stability
Target
6.10 first
6.45 extension if momentum holds
Stop loss
Below 5.15
This move feels controlled, not exhausted. As long as price holds above support, bulls stay in charge.
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AUCTION
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