AXL/USDT Buy Setup

– Simple Price Action 📈

Hey Binance Square traders!

👋 Here’s a long setup for AXL/USDT (Daily chart) using my strategy.

🚀Market SnapshotPrice: 0.3339 (+7.92%)Support: 0.2609 | Resistance: 0.4210

Price Action:

✅Bullish Engulfing near 0.3100, confirmed above 0.3342.

✅Volume spiked to 50.8M during the bounce.

✅MACD shows fading bearish momentum.

👉Buy SetupEntry: 0.3339 (or above 0.3342)

👉TP: 0.3810 (+14%),

👉Stretch: 0.4210 (+26%)

👉SL: Below 0.3100 (-7%),

👉Risk-Reward: 1:2 to 1:3.5Risk

Note: Exit if price closes below 0.3100 (entire candle body).

Why This Setup?

Bullish Engulfing near support with volume spike signals buying pressure.

My strategy focuses on clear patterns with confirmation.What to Watch...👇👇👇

Retest of 0.3810. If volume drops below 5M, momentum may weaken.What’s your take? 🗣️

Note: For educational purposes only. Always DYOR.#AXLUSDT #PriceAction #BuySetup #CryptoTrading #BinanceSquare