$AXL /USDT BEARISH STRUCTURE INTENSIFIES – WATCH FOR BREAKDOWN ⚠️📉

$AXL is trading at $0.4216, down -1.68%, showing signs of weakness after repeated rejections at resistance. The current price action suggests bearish pressure is building, with the risk of a breakdown increasing. 🧱📉

🔍 KEY TECHNICAL LEVELS:

Current Price: $0.4216

Resistance Zone: $0.4240–$0.4260 🔼

Major Resistance: $0.4356 (24h high)

Support 1: $0.4160 🛡️

Support 2: $0.4084 (24h low)

Price is consistently making lower highs while testing key support. A clean break below $0.4160 could open the door for a retest of $0.4084 or lower. 📉

🎯 TRADE SETUP – SHORT ENTRY IDEA:

Entry Zone: $0.4220–$0.4240 ❌

Take Profit Targets:

TP1: $0.4160

TP2: $0.4080

Stop Loss: $0.4280 ❌

Best to enter on rejection near resistance or on confirmation of breakdown below $0.4160 with volume spike.

🛡️ RISK MANAGEMENT:

Risk only 1–2% of capital. Stick to the stop loss, and avoid over-leveraging. Let the setup come to you — no chasing. 🎯🔒

AXL LOOKS FRAGILE – SHORT SETUP IN PLAY AS SELL PRESSURE BUILDS 🐻⚠️

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