đ $AUCTION : Is a Bullish Breakout Loading?
Bounce Finance (AUCTION) is showing some serious signs of life! After a period of consolidation, the chart is starting to heat up. Hereâs the breakdown:
đ The Technical Setup
Current Price: Stabilizing around $6.44, showing a strong 16%+ recovery in the last 24 hours.
Support & Resistance: Weâve established solid support near the $4.90 - $5.00 zone. The next big hurdle? Breaking and holding above $7.00.
Momentum: The RSI is climbing out of the neutral zone, suggesting that the "oversold" phase is behind us and buyers are stepping back in.
đ Why Watch AUCTION?
Bounce isn't just about the price; itâs about the utility. With its focus on RWA (Real World Asset) auctions and its decentralized launchpad, it remains a unique player in the DeFi space.
đĄ Pro Tip: Watch the volume. A sustained move above the 50-day SMA could trigger a "bounce" (pun intended) toward the $9 - $11 range.
Whatâs your move? Are you accumulating at these levels, or waiting for a confirmed breakout? Letâs discuss in the comments! đ
#AUCTION #BounceFinance #DeFi #CryptoAnalysis #BinanceSquare $AUCTION
