Hereโ€™s a technical overview of $AXL

/TRY

๐Ÿ“Š AXL/TRY Market Snapshot

Metric Value

Current Price โ‚บ13.78 ๐Ÿ”ป (-6.70%)

24h High โ‚บ14.81

24h Low โ‚บ13.73

24h Volume (AXL) 357,012.22

24h Volume (TRY) โ‚บ5.09M

USDT Equivalent ~$0.9752

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๐Ÿ“‰ Trend & Volume Analysis

Price is close to its 24h low, indicating bearish pressure.

Decline of -6.70% aligns with a short-term downtrend.

Volume: Moderate at 7,651.26 units, with a 5/10 MA suggesting recent selling pressure increased, then slowed:

MA(5): 16,838.23

MA(10): 12,474.71

โ†’ This crossover suggests volume spiked recently but may now be stabilizing.

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๐Ÿ“ˆ Support & Resistance Levels

Resistance Levels Price

R3 โ‚บ15.08

R2 โ‚บ14.79

R1 โ‚บ14.23

Support Levels Price

S1 โ‚บ13.73

S2 (critical) โ‚บ13.66

S3 (next zone) โ‚บ13.20โ€“โ‚บ13.00

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๐Ÿ”Ž Market Sentiment

๐Ÿ”ป Bearish Factors:

Trading at daily support (โ‚บ13.73โ€“โ‚บ13.78) zone, which if broken, may accelerate downside.

Recent lower high at โ‚บ14.81 confirms short-term bearish structure.

General selling trend visible via price/volume divergence.

๐Ÿ”ผ Potential Bullish Clues:

Price may consolidate near support (โ‚บ13.66โ€“โ‚บ13.78), which could create a bounce opportunity.

A recovery above โ‚บ14.23 might signal short-term strength toward โ‚บ14.79.

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๐Ÿ› ๏ธ Trading Setup (Short-Term)

Strategy Entry Zone Target Zone Stop Loss

Support Bounce Buy โ‚บ13.66โ€“โ‚บ13.78 โ‚บ14.20โ€“โ‚บ14.50 โ‚บ13.50

Breakdown Short Below โ‚บ13.66 โ‚บ13.20โ€“โ‚บ13.00 โ‚บ13.95

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๐Ÿง  Summary

Trend: ๐Ÿ“‰ Bearish short-term

Immediate Support: โ‚บ13.66

Breakout Point: โ‚บ14.23

Bias: Cautiously bearish until bounce or breakout confirmation

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