$AXL /USDT – BULLISH MOMENTUM IGNITES AFTER STRONG BREAK ABOVE $0.4300
Current Price: $0.4350
24h Range: High $0.4522 | Low $0.4031
Trend: Bullish (Momentum-Driven Rally)
$AXL has surged over 6% today and nearly 36% in the past 7 days, breaking above key resistance with strong volume support. The price action signals increasing buyer interest, with higher lows and a breakout from a consolidation zone, suggesting more upside potential if momentum holds.
Key Levels to Watch:
Resistance Zones:
$0.4520 (24h high – immediate resistance)
$0.4650 (next resistance zone)
$0.4800 (major breakout target)
Support Zones:
$0.4300 (key breakout retest zone)
$0.4200 (short-term demand zone)
$0.4030 (24h low – strong support)
Trade Setup (Long):
Entry: $0.4320–$0.4370
Targets (TP):
TP1: $0.4520
TP2: $0.4650
TP3: $0.4800
Stop Loss (SL): $0.4190
Market Outlook:
AXL is showing a strong reversal after a prolonged downtrend, with short- and mid-term timeframes turning bullish. If price holds above $0.4300 and breaks $0.4520 convincingly, a move toward $0.4650 and beyond looks likely. High trading volume and strong daily close are confirming bullish sentiment.
Risk Management:
Use strict position sizing with no more than 2–3% risk per trade. Stick to your stop loss and book partial profits at key targets. Don’t chase green candles—wait for proper pullbacks if needed.
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