AUCTION has reached an interesting crossroads.

From a technical perspective, the RSI on the 1-hour and 4-hour charts has soared to 79 and 76, respectively, indicating overbought signals. However, trading volume has surged by 464.5%. This sudden increase in volume and the divergence from price often suggest a major move is coming. In the short term, there is significant disagreement.

Breaking down the different timeframes: the 15-minute RSI remains around 60, indicating a short-term consolidation with no clear direction; the 1-hour MACD has already formed a bullish crossover and is trending upward, suggesting strong bullish momentum, but the overbought condition is a bit concerning; the 4-hour chart also shows a bullish structure but is similarly extremely overbought, clearly needing a pullback to digest these gains.

Currently, the price is stuck at the 5.71 level, a critical point. The key is whether it can break through the 5.85 barrier. If it successfully surpasses 5.85, the next targets are 5.85 → 6.10, with a stop-loss set around 5.75 for protection. Conversely, if it falls below 5.55, the trend may turn bearish, with a target around 5.30 and a stop-loss at 5.70.

Honestly, at this price level, I prefer to wait and see, looking for clearer signals before taking action. In such an overbought environment, chasing the high carries too much risk.