$AXL /USDT

📊 AXL/USDT Snapshot

Current Price: $0.4877

24h Change: +46.06% 🔥

24h High: $0.6400

24h Low: $0.3332

Volume:

AXL: 203.22M

USDT: $108.56M

Category: Layer 1 / Layer 2

🧭 Key Technical Levels

ZonePriceRole🔼 Local Resistance$0.5320–$0.5476Sellers likely to defend this zone🟨 Current Price$0.4877Pulling back after high-vol breakout🟩 Support Zone$0.4700–$0.4737Potential bounce region (short-term)🧱 Stronger Support$0.4440–$0.4160Prior consolidation & breakout base

📈 Price Action Insight

Sharp breakout followed by a pullback from $0.64 to sub-$0.49 — indicates profit-taking.

High volume suggests interest remains strong, but current price sits near mid-range of the day’s candle.

If it holds above $0.47, bullish continuation is possible; otherwise, it could revisit $0.44.

✅ Potential Trade Setups

🟢 Bullish Continuation

Entry: Reclaim of $0.5320 with volume

Stop Loss: $0.4880

Target 1: $0.5800

Target 2: $0.6400

🔄 Pullback Buy

Entry: $0.4700–$0.4440

Stop Loss: $0.4290

Target 1: $0.5010

Target 2: $0.5320

🔻 Short Opportunity (High Risk)

Entry: Failed breakout at $0.5320–$0.5476

Stop Loss: $0.5550

Target: $0.4700 → $0.4440

⚖️ Summary Table

StrategyEntryStop LossTargetsBreakout Long 🔼> $0.5320$0.4880$0.5800 → $0.6400Pullback Buy 🟢$0.4700–$0.4440$0.4290$0.5010 → $0.5320Rejection Short 🔻$0.5320–$0.5476$0.5550$0.4700 → $0.4440

⚠️ Notes

Volume remains extremely elevated, which favors volatility — good for short-term scalps.

Confirm trend strength with indicators like RSI, MACD if charting.

Be cautious near $0.5320 — it has acted as intraday resistance multiple times.

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