🚀 $AXL COIN SOARS NEARLY DOUBLE IN A DAY – WHAT'S HAPPENING?! 🚀
A shocking increase of nearly +88% in just 24 hours – from ~$0.32 to a peak of ~$0.61 – making AXL (Axelar) the hottest name on the board today!
🔥 The main reasons? ✅ Official listing on the Korean exchange with the KRW/USDT pair – strong capital inflow from Korea.
✅ Trading volume exploded – up nearly 9 times, reaching over $88 million in a day.
✅ Technical analysis confirms a breakout of the “falling wedge” pattern, with RSI and MACD indicators supporting the upward trend.
📉 However, is there FOMO?
The price is nearly double compared to yesterday – the risk of correction is very high.
Some analyses suggest the $0.64–$0.75 range is the next strong resistance, but the safe buyback area could be around $0.45–$0.50 if there is a correction.
Only enter with a clear strategy, set stop-loss, and absolutely do not go all-in while the price is soaring!
🎯 Personal view: AXL is a project with a good technological foundation, supported by many funds (including Binance Labs). However, today's volatility comes from the listing news, not long-term internal factors. Anyone who bought during the near double increase needs to be extremely cautious.
👉 Follow along, I will update if AXL hits $0.75 or if there are reasonable re-entry signals!
⛔ Remember: Having soared high means it can also fall hard – controlling greed is the way to survive in this market.