Technical analysis by CryptoAnalystSignal about Symbol AUCTION: Buy recommendation (5/19/2025)

#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 11.26.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: 11.50First target: 11.81Second target: 12.26Third target: 12.84#AUCTIONFirst target: 11.81 ReachedSecond target: 12.26 Reached