$AXL Gathers Steam After Intraday Dip – Bulls Eye Breakout Zone
AXL/USDT gained over 11% today and bounced perfectly from the $0.3932 support zone after a quick shakeout. Despite the sell wick, price structure remains bullish, with increasing demand near the base of the recent breakout.
Volume surged on the way up and held steady during the pullback — a key sign that buyers are still in control. Price is now consolidating near $0.4050. A breakout above $0.4200 could accelerate a bullish move toward higher levels.
Key Technical Zones:
• Support: $0.3930 – $0.3980
• Resistance: $0.4180 – $0.4250
Trade Setup – Continuation Watch
• Entry Zone: $0.4020 – $0.4070
• Stop Loss: Below $0.3920
• Target 1: $0.4185
• Target 2: $0.4300
• Target 3: $0.4450
AXL is showing resilience with strong buy volume and healthy support holding. A clean break above $0.4180 could mark the beginning of another leg up. Keep your eyes on the volume and reaction near $0.4200.