#AXL
Trend: Strong bullish momentum (+52.27% today), but overextended
(RSI(6) = 71.19, nearing overbought).
Fibonacci Retracement (From 24h Low to High)
- 0%: $0.6400 (24h high)
- 23.6%: $0.5574 (immediate resistance)
- 38.2%: $0.5101 (current price)
- 50%: $0.4538 (strong support)
- 61.8%: $0.3502 (critical demand zone)
Bullish Continuation :
- Hold above $0.5101 → Target $0.5574 (23.6% Fib).
- Break above $0.5574 → Rally to $0.6400 (new high).
Bearish Pullback:
- Drop below $0.5101 → Test $0.4538 (50% Fib).
- Breakdown below $0.4538 → Fall to $0.3502 (61.8% Fib).
Tactics for Next 3 Days
1. Buy: Only if price holds $0.5101 with volume. Target $0.5574.
2. Cautious Sell: If RSI diverges near $0.6400 or breaks $0.4538.
Stop-loss below $0.4538 for longs.
DYOR
