$AXL is currently trading close to the upper Bollinger Band at 0.331.
This suggests potential overextension, indicating a possible pullback.
The support level at 0.318 and resistance at 0.331 are key price levels to watch.
Currently, volatility appears to be contracting, which may lead to a breakout or breakdown.
Consider placing a stop-loss just below the support level to manage risk.
Traders should wait for confirmation of a trend reversal before entering positions.
Setting alerts around 0.331 and 0.318 could help capture potential moves.
