#AUCTIONUSDT shows continued buyer weakness

📉 Short AUCTIONUSDT.P from $16.370
⚡️ Stop loss $16.735

🕒 1H Timeframe

⚡️ Overview:
➡️ The POC (Point of Control) is located at $17.734, indicating the highest volume area and now acting as a strong resistance.
➡️ Price AUCTIONUSDT.P continues to trade below the accumulation zone, confirming sellers' control.
➡️ After a local bounce, the chart shows a breakdown below $16.370 — this triggers a potential short setup.
➡️ Target zones are set near previous reaction levels, making them suitable for profit-taking.

🎯 TP Targets:
💎 TP 1: $16.165
💎 TP 2: $16.040
💎 TP 3: $15.850

📢 Watch for solid confirmation below $16.370 — this would strengthen the case for downside continuation.
📢 If price moves back above $16.735, the short setup is invalidated.

AUCTIONUSDT.P shows continued buyer weakness — downside movement is expected if pressure remains.