Technical analysis by CryptoAnalystSignal about Symbol AUCTION: Buy recommendation (7/16/2025)

#AUCTION The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it. We have a bounce from the lower boundary of the descending channel. This support is at 10.68. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside. There is a major support area in green at 10.31, which represents a strong basis for the upside. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. We have a trend to hold above the 100 Moving Average. Entry price: 11.25 First target: 11.60 Second target: 12.00 Third target: 12.51 Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.