🚨 $AXL /USDT 1H – Bulls Catch Their Breath After the Initial Blast

📍 Price: $0.5013

📉 Price has cooled down after the explosive pump to $0.66 — now hovering near key inflection

🔍 Price Action Recap:

Huge vertical breakout early June 10, followed by stair-step correction

Recent candles show a slowdown in sell pressure and first signs of base formation around $0.49–$0.50

Higher low attempts starting to appear — bulls trying to stabilize

📊 Key Technicals:

MA(7): $0.4918 — micro support being tested

MA(25): $0.5177 — flipped into resistance after recent rejection

MA(99): $0.3817 — long-term support remains far below current price

🧠 What to Watch:

⚠️ Reclaim of $0.52+ could invite fresh bids and retest $0.54–$0.56

⚠️ Break below $0.49 may send it toward deeper support at $0.465–$0.44

🔍 Volume decreasing — a decision move likely within next 3–5 candles

🎯 Scalp Setup Idea:

Entry: Above $0.521

Target: $0.545–$0.56

Stop: Below $0.489

🔥 Momentum faded, but price holding up well considering the pump — consolidation can lead to a second leg.

⚠️ DYOR – Do Your Own Research.

This is not financial advice. Markets can be volatile — always trade responsibly!