$AXL is currently in a ranging market structure, oscillating near its support level of 0.3259 USDT.
A breakout above the resistance at 0.3427 USDT could provide a solid trading opportunity.
However, the RSI at 40.09 indicates a lack of buying momentum, highlighting potential exhaustion.
Traders should stay cautious as macroeconomic events and Bitcoin price movements could significantly impact AXL's trajectory.
Volume of 161,072.88 suggests some interest, but volatility remains a key risk factor.
