$AXL /USDT TECHNICAL ANALYSIS: BULLISH MOMENTUM BUILDING ๐๐
Current Price: $0.5226
24H Change: +63.72% ๐ฅ
24H High: $0.5834 | 24H Low: $0.3192
๐ง Market Sentiment: After a strong breakout from the $0.32 zone, $AXL/USDT is showing bullish strength with healthy volume and momentum confirmation.
๐ Key Levels to Watch:
Support Levels:
๐ข $0.5000 (major support)
๐ข $0.4500 (next strong demand zone)
Resistance Levels:
๐ด $0.5834 (recent high / near-term resistance)
๐ด $0.6000 (psychological and technical resistance)
๐ Trade Setup: LONG ENTRY ๐ผ
Entry Zone: $0.5100โ$0.5250
Targets (TP):
๐ฏ TP1: $0.5800
๐ฏ TP2: $0.6000
๐ฏ TP3: $0.6500 (extension target)
Stop Loss (SL): ๐ป Below $0.4750
โ Risk Management:
Use 2โ3% of portfolio per trade. Respect SL ๐จ and adjust position size according to your risk tolerance. Don't chase pumps, wait for retests! โ๏ธ๐ผ