Price: 9.87 | EMA7: 9.93 | EMA25: 9.93 | RSI14: 47.13 | Resistance: 11.18 | Support: 9.24 | Average Volume: 51344.32 | Volume Trend: Decreasing
Since price is below both EMAs and RSI is below 50, AUCTIONUSDT shows bearish momentum.
* **Entry Long:** Wait for a strong bullish reversal signal above 9.93 (EMA7 & 25 confluence)
* **Entry Short:** Potential entry around 9.87, with a stop-loss above 9.93.
* **Spot Buy:** Cautious. Ride the downtrend and look for bottom fishing opportunities closer to support at 9.24.
* **Risk Warning:** Increasing volume accompanied by a breakout above resistance at 11.18 would invalidate this bearish outlook.
Remember to scale your positions and utilize stop-loss orders for risk management.