$AXL /USDT TECHNICAL ANALYSIS – BULLS IN CONTROL WITH POTENTIAL FOR MORE UPSIDE 🚀
Current Price: $0.6740
Key Levels to Watch:
Resistance: $0.7130 (Immediate target 🎯)
Support: $0.6560 (Key level to maintain bullish momentum)
Trade Setup:
Long Entry: $0.6600 - $0.6750 ✅ (Price is within the buy zone!)
Target 1 (TP1): $0.7130
Target 2 (TP2): $0.7400
Stop Loss (SL): $0.6300
Market Outlook:
AXL/USDT has experienced a strong breakout, gaining over 16% in the past 24 hours. A healthy retracement to $0.6600 offers a good entry for buyers targeting a move to $0.7130 and beyond. The trend remains bullish as long as the price stays above the $0.6560 support level.
Risk Management:
Stick to your stop loss at $0.6300 to limit risks. Secure partial profits at TP1 and adjust your stop loss to entry once achieved.
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