Potential bear trap identified for $AUCTION. The market indicates a possible spring in price action. ๐
---
$AUCTION /USDT - LONG Signal ๐
---
**Trade Plan:**
Entry: 5.235245 โ 5.320343
SL: 5.022501
TP1: 5.533087
TP2: 5.618184
TP3: 5.788379
---
**Why this setup?**
While the daily trend is bearish, the 4H chart presents a compelling LONG setup. RSI on lower timeframes indicates momentum building from oversold levels, suggesting a potential local reversal. The Entry zone is tight, supported by a clear invalidation point below. ๐
---
**Debate:**
Is this the initiation of a 4H trend reversal, or simply a dead cat bounce? Manage risk accordingly. ๐ค
---
Trade here ๐