A narrow consolidation pattern is visible after the breakout from $0.3186 → $0.3609 $AXL

The last three candles formed a lower high → potential minor selling pressure.

However, there has not yet been a strong bearish candle, it could still be a base before continuing to rise.

⚠️ Important Area:

Nearest Resistance: $0.3609 (high 24 hours)

Minor Support: $0.3470 (MA25 area)

Strong Support: $0.3371

⚡ Potential Scalping Setup:

✅ Breakout (Bullish):

Buy: Break 1-hour candle above $0.3610

TP 1: $0.3680

TP 2: $0.3760

SL: $0.3470

🔻 Breakdown (Bearish):

Sell: If close below $0.3470

TP 1: $0.3375

TP 2: $0.3300

SL: $0.3560

📊 Order Book Sentiment:

Buy: 46.23% vs Sell: 53.77%

➡️ Selling pressure is slightly dominant, which is reasonable as it is above the MA and approaching resistance.

🧠 Conclusion:

AXL is still in a healthy consolidation phase after the rally.

Price is testing the critical zone around MA99.

Best strategy: Wait for breakout confirmation from $0.361 or breakdown below $0.347 to take a position.