Technical analysis by CryptoAnalystSignal about Symbol AUCTION: Buy recommendation (4/15/2025)

#AUCTIONThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are seeing a bounce from the lower boundary of the descending channel, which is support at 11.72.We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are looking for stability above the 100 Moving Average.Entry price: 12.00First target: 12.45Second target: 12.83Third target: 13.26