#AUCTION/USDT — Major Accumulation or Bearish Continuation?BounceToken / USDTMEXC:AUCTIONUSDTCryptoAnalystSignal #AUCTION The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected. The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the overbought condition. There is a key support zone in green at 4.58, and the price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 4.66 Target 1: 4.76 Target 2: 4.84 Target 3: 4.93 Stop Loss: At the resistance zone in green Remember this simple rule: Money management. Any questions, please leave a comment. Thank you.