ALERT: $AXL Short Squeeze Brewing?
$4,062.7 Liquidated at $0.3794 — Shorts got wrecked!
The beast is waking up, and shorts just felt the heat! A massive short liquidation at $0.3794 has triggered a momentum shift. If you’re a breakout hunter, it’s time to lock in:
Technical Analysis:
Short Liquidation Level: $0.3794
Trend Shift Zone: Holding above $0.3800 confirms bulls are gaining ground
Volume Spike Detected: Increasing buy pressure and short panic = bullish catalyst
Trade Setup (Spot/Leverage with tight risk):
Buy Zone:
Conservative Entry: $0.3680 – $0.3790 (retest and support hold)
Aggressive Entry: Breakout above $0.3850
Targets:
TP1: $0.4120
TP2: $0.4460
TP3 (Moon Shot): $0.4980
Stop Loss:
Below $0.3580 (Invalidation of structure)
Why it matters:
Shorts are underwater and looking for exits — the next pump could trigger another round of short covering. Combine that with bullish momentum, and you get a recipe for explosive upside.
Watch the retest of $0.3790 closely — this is your battlefield!