$AXL /USDT SHORT TRADE SIGNAL – BEARS STRIKE BACK FROM SUPPLY ZONE!
AXL faced a strong rejection from the resistance zone at $0.3958 after a sharp bullish spike, indicating a possible bearish reversal. Price is currently trading at $0.3784 and has broken below the local support, confirming a lower high and bearish pressure buildup.
Trade Setup:
Entry: $0.3823 - $0.3780
Take Profit (TP): $0.3477
Stop Loss (SL): $0.3958
Outlook:
The chart structure favors the bears as the price failed to sustain above the key resistance. If selling pressure continues, we expect a move toward the demand zone near $0.3477. Risk management is crucial — position sizing and SL adherence will protect against potential fakeouts.