📉 Short 
AUCTIONUSDT.P from $16.370
⚡️ Stop loss $16.735
🕒 1H Timeframe
⚡️ Overview:
➡️ The POC (Point of Control) is located at $17.734, indicating the highest volume area and now acting as a strong resistance.
➡️ PriceAUCTIONUSDT.P continues to trade below the accumulation zone, confirming sellers' control.
➡️ After a local bounce, the chart shows a breakdown below $16.370 — this triggers a potential short setup.
➡️ Target zones are set near previous reaction levels, making them suitable for profit-taking.
🎯 TP Targets:
💎 TP 1: $16.165
💎 TP 2: $16.040
💎 TP 3: $15.850
📢 Watch for solid confirmation below $16.370 — this would strengthen the case for downside continuation.
📢 If price moves back above $16.735, the short setup is invalidated.
AUCTIONUSDT.P shows continued buyer weakness — downside movement is expected if pressure remains.
AUCTIONUSDT.P from $16.370⚡️ Stop loss $16.735
🕒 1H Timeframe
⚡️ Overview:
➡️ The POC (Point of Control) is located at $17.734, indicating the highest volume area and now acting as a strong resistance.
➡️ Price
AUCTIONUSDT.P continues to trade below the accumulation zone, confirming sellers' control.➡️ After a local bounce, the chart shows a breakdown below $16.370 — this triggers a potential short setup.
➡️ Target zones are set near previous reaction levels, making them suitable for profit-taking.
🎯 TP Targets:
💎 TP 1: $16.165
💎 TP 2: $16.040
💎 TP 3: $15.850
📢 Watch for solid confirmation below $16.370 — this would strengthen the case for downside continuation.
📢 If price moves back above $16.735, the short setup is invalidated.
AUCTIONUSDT.P shows continued buyer weakness — downside movement is expected if pressure remains.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔥Subscribe to our Telegram channel🔥
🔥Every day 1 FREE signal 🔥
🔗 tinyurl.com/GoToMoriartyTradeGlobal
🔥Every day 1 FREE signal 🔥
🔗 tinyurl.com/GoToMoriartyTradeGlobal
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.