$AXL plunged from $0.5062 to $0.3996, then found solid support and jumped to $0.4403 (+7.8%) on the 4H chart... That strong rejection at $0.3996 and the big green candle show buyers stepping in!
Key Levels:
• Resistance: $0.4522, $0.4646, $0.5062
• Support: $0.4200–$0.4250 zone, $0.3996 floor
📊 Trade Setup – Long Bias:
Take-Profit Targets:
• TP1: $0.4650
• TP2: $0.4800
• TP3: $0.5062
🛑 Stop-Loss: $0.4280
💡 Insight:
The surge off $0.3996 with higher volume hints at genuine buying interest. A decisive break above $0.4522 can fuel a run toward $0.465+ But if volume fades or price stalls, watch for another retest of support. Stay alert!