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【$AUCTION Signal】Short | Volume Breakout Structure
$AUCTION is experiencing a volume breakout, with a daily decline of over 12%, accompanied by high open interest, presenting a typical bull squeeze structure.
🎯 Direction: Short (Short)
🎯 Entry: 6.15 - 6.30
🛑 Stop Loss: 6.70 (Rigid Stop Loss)
🚀 Target 1: 5.50
🚀 Target 2: 4.80
The price has dropped with increased volume below a key support level, with 280M in trading volume and 1.67 million in open interest indicating this is not a normal correction. Market logic suggests ‘bull liquidation or main force distribution,’ and price action shows persistent selling pressure without effective buying absorption. The current structure favors a bearish dominance, and weak rebounds are a signal to enter.
Trade here 👇 $AUCTION
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