Technical analysis by CryptoAnalystSignal about Symbol AUCTION: Buy recommendation (5/28/2025)

#AUCTION The 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 11.40. We are experiencing 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: 11.92 First target: 12.21 Second target: 12.53 Third target: 12.86#AUCTION First target: 12.21 Reached Second target: 12.53 Reached Third target: 12.86 Reached