๐ $AXL Coin
๐ Key Levels
Current Price: ~$0.535 (from widget above)
24โHour Range: $0.330 โ $0.628
๐ข Bullish Continuation Trade
Entry: On dip to $0.50โ$0.52
StopโLoss: Below $0.48
Targets:
TP1: $0.58
TP2: $0.62
TP3: $0.68
Rationale: The sharp recovery from the intraday low signals strong buyer supportโwaiting for a dip into the $0.50 region offers a favorable risk/reward and sets up for a continuation toward the recent high.
๐ก Conservative Pullback Bounce
Entry: Upon confirmation above $0.54โ$0.55
StopโLoss: Below $0.52
Targets:
TP1: $0.60
TP2: $0.62
Rationale: If you prefer not to chase, waiting for the price to confirm strength above current levels reduces riskโideal for those seeking more assured upside.
โ ๏ธ Setting Your Strategy
1. Choose your approach:
Aggressive: Buy the dip in $0.50โ$0.52 zone aiming for higher highs.
Conservative: Wait for price to hold above $0.54โ$0.55 confirming momentum.
2. Set Stops:
$0.48 for entry setup, or $0.52 for confirmation setup.
3. Scale out:
Partial profit at first target (TP1), move stop to breakeven, then ride toward TP2/TP3.