Here's a technical snapshot for $AXL /USDT (Axelar) on the 4H chart:



šŸ” AXL/USDT — 4H Technical Analysis

Current Price: $0.4434

24H Performance: +7.88%

Recent Trend: A sharp bounce after a deep pullback from the explosive rally on June 10.


šŸ“Š Moving Averages:

MA 7: $0.4212 (price just reclaimed it – early bullish signal)

MA 25: $0.4453 (testing resistance here — critical short-term decision point)

MA 99: $0.3641 (long-term trend turning upward)


🧠 Chart Insights:

Price pumped violently, topping near $0.70, then retraced nearly 40%.

This latest green candle suggests buyer re-interest — potentially a dead cat bounce or a true reversal base.

Bulls need a close above $0.45–0.46 to flip the 25MA and confirm momentum continuation.

šŸ”‘ Key Levels:

Immediate Resistance: $0.445 → $0.46 (MA25 zone)

Support: $0.41 → $0.39 (bounce zone from June 14)

Breakout Target (if strength builds): $0.50+ zone retest


āš ļø Momentum Bias:

Neutral to Bullish — Holding above $0.44 and pushing through $0.46 could set up a trend reversal, but rejection may lead to consolidation.

āš ļø DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!