Technical analysis by CryptoAnalystSignal about Symbol AUCTION: Buy recommendation (4/20/2025)

#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 experiencing a rebound from the lower boundary of the descending channel, which is support at 11.15.We are experiencing a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.We are looking for stability above the 100 moving average.Entry price: 11.22First target: 11.37Second target: 11.53Third target: 11.74#AUCTIONFirst target: 11.37 ReachedSecond target: 11.53 ReachedThird target: 11.74 Reached