Here's a trade setup for $AXL /USDT based on the current price of $0.3757 and 1H–4H market structure:

AXL/USDT Trade Setup (Short-Term Momentum)

Overview:

Current Price: $0.3757

24h Range: $0.3420 – $0.3784

Volume: 11.39M AXL (healthy for altcoin size)

Trend: Bullish breakout nearing resistance zone

Momentum: +7.47% on the day, continuation possible

Bullish Breakout Setup:

Entry: On break and 1H close above $0.3785

Confirmation: Strong candle body with >1M volume

Targets:

TP1: $0.3850

TP2: $0.4000 (round number resistance)

Stop Loss: $0.3660 (just under $0.3700 zone)

Support Bounce Setup:

Entry Zone: $0.3550 – $0.3600

Confirmation: Reversal candlestick or bullish divergence (RSI/MACD)

Targets:

TP1: $0.3700

TP2: $0.3784 (recent high)

Stop Loss: $0.3420 (24h low)

Bearish Breakdown Setup:

Entry: If price breaks below $0.3420 with high sell volume

Targets:

TP1: $0.3300

TP2: $0.3100

Stop Loss: $0.3510

Would you like this setup added to a watchlist or turned into a script for alerts in TradingView?

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