$AXL USDT Bull Run in Progress!
Current Price: $0.6725 (+16.06%)
Axelar ($AXL) is displaying strong bullish momentum, signaling a potential breakout. With market sentiment favoring upward movement, traders should keep an eye on these key levels:
Key Levels to Watch:
Resistance: $0.7000, $0.7500
Support: $0.6500, $0.6200
Trade Opportunities:
Bullish Long Setup:
Entry Range: $0.6650–$0.6750
Target 1: $0.7000
Target 2: $0.7500
Stop Loss: $0.6500
Bearish Short Setup (If Rejected at $0.7000):
Entry Range: $0.6950–$0.7000
Target: $0.6700
Stop Loss: $0.7100
Pro Trading Tips for $AXL:
1. A confirmed breakout above $0.7500 could open the door for a rally toward $0.8000. Look for increased buying volume to confirm sustained bullish momentum.
2. Upon reaching $0.7000, consider setting a trailing stop to secure profits while staying in the trade to capture further potential gains.
3. Stay updated on Axelar Network’s advancements in cross-chain technology, as positive news or strategic partnerships could significantly impact $AXL’s price action.
With solid fundamentals and a favorable technical setup, Axelar is well-positioned for continued growth. Whether trading short-term movements or holding for the long term, it's essential to monitor the price action closely.
What’s your perspective on $AXL’s bullish potential? Share your thoughts below!