$AXL /USDT BEARISH PULLBACK AFTER HYPE RALLY ā CAUTION ADVISED! ā ļøš
AXL is trading at $0.4961 (+47.17%), but the explosive rally is showing signs of exhaustion. Price has slipped below key EMAs, MACD is flat-to-negative, and RSI is cooling off fast. A retest of lower levels is likely unless bulls step in with volume. š§Æ
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š TECHNICAL SNAPSHOT:
Current Price: $0.4961
EMA(7): $0.5004
EMA(25): $0.5110
EMA(99): $0.4887
MACD: -0.0003 (bearish divergence forming)
RSI(6): 34.61 (bearish ā near oversold)
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š KEY LEVELS TO WATCH:
Support Zones:
š”ļø $0.4900 (EMA99 ā key pivot)
š”ļø $0.4560 (previous base ā strong bounce potential)
Resistance Zones:
šŗ $0.5037 (short-term resistance at EMA7)
šŗ $0.5274 (bullish confirmation zone)
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š TRADE SETUP ā SHORT POSITION š»
Entry: $0.4950ā$0.5000 (on failed reclaim of EMA7)
Target 1 (TP1): $0.4880
Target 2 (TP2): $0.4600
Stop Loss (SL): $0.5100 (above EMA cluster)
š Risk/Reward Ratio: ~2.2 ā good downside scalp setup if momentum fades
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š”ļø RISK MANAGEMENT TIP: ā Limit risk to 1ā1.5% of capital per trade
ā Use tight SL ā hype coins can reverse fast ā”
ā Re-enter only on confirmed breakdown or breakout
ā ļø AXL hype might be fading ā if $0.49 breaks cleanly, expect further unwinding. Stay alert! ā ļø
#AXL #AXLUSDT #BearishSetup #AltcoinAlert #CryptoTechnicalAnalysis $AXL