Bullish Long on AUCTIONUSDT Targeting Key Resistance Zones

Taking a long position on AUCTIONUSDT at $11.868 with a stop loss set at $11.327 is based on the price holding the lower boundary of a bullish flag pattern. This pattern was formed after a breakout from a descending channel. There is evidence of bullish order flow signals like BOS and CHoCH, indicating a potentially developing upward trend. The entry zone aligns with the Fair Value Gap (FVG) and the 1-hour Order Block (OB). Witnessed previous upward impulse from this zone. Current support at $11.78 is confirmed by high trading volume during reactive movements. Areas above this are seen as supply zones with an open imbalance, making them targets for upward movement. Projected targets include: - TP1 at 12.345, representing a local high and the 1H OB zone. - TP2 at 12.711, related to a supply zone and the completion of the FVG. - TP3 at 14.234, a major 2H OB block and liquidity target. This analysis suggests a bullish outlook with defined levels for take profits, emphasizing the significance of volume and structural breaks in confirming trend shifts.