$AXL
๐ AXLUSDT โ Big Move, Bigger Questions!
๐ Bulls Surge +44.77%! Can This Rally Hold?
AXLUSDT 1H Analysis
๐ฐ Current Price: $0.4857
๐ 24H Change: +44.77%
๐ 24H High: $0.5799
๐ 24H Low: $0.3328
๐ Volume (AXL): 3.06B
๐ Volume (USDT): 1.60B
๐งฎ Order Flow: ๐ฉ 55.31% BUY vs ๐ฅ 44.69% SELL
๐ EMA Analysis:
EMA(7): $0.4966 โ
EMA(25): $0.4832 โ
EMA(99): $0.3953 โ (still under resistance)
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๐ง Chart Breakdown โ Are We in for More Upside?
AXLUSDT just surged by an impressive 44.77% in the past 24 hours! Bulls are dominating the 1H chart, but can this rally continue?
๐ข Bullish Points:
๐ Strong Momentum: Price surged from $0.3328 to $0.5799 โ clear momentum play
๐ฉ MA and EMA above price: The bullish trend is well-supported by the 7 & 25 EMAs, keeping the price above the short-term averages
๐ข Volume Surge: A sharp increase in volume suggests that buyers are committed
๐ด Bearish Risks:
โ EMA(99) is above price โ price is currently below the long-term resistance level
๐ RSI Cooling Down: RSI is currently at 37.56, signaling a possible pullback due to oversold conditions
๐ช MACD Divergence: The MACD histogram is shrinking, indicating less bullish momentum
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๐งพ SPOT Strategy โ Can It Keep Charging?
๐ข Buy Zone: $0.45 โ $0.46 (watch for a bounce from MA25)
๐ Stop Loss: $0.42
๐ฏ Targets:
TP1: $0.50
TP2: $0.55
TP3: $0.60 (if strong trend continues)
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โ๏ธ FUTURES Strategy โ Profit From This Bullish Wave!
๐ LONG Setup:
Entry: $0.45โ$0.47
Leverage: 5xโ10x
SL: $0.42
TP: $0.50 / $0.55 / $0.60
๐ SHORT Setup (only if trend reversal confirmed):
Entry: $0.57โ$0.58
SL: $0.60
TP: $0.50
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๐ฎ Final Verdict:
AXLUSDT has shown impressive bullish momentum, but the EMA(99) resistance at $0.50 and RSI cooling down suggests a potential pullback. Still, if price stays above $0.46 and breaks above $0.50, it could target $0.55 and beyond.
โ ๏ธ Watch the RSI and EMA(99) closely for signs of exhaustion.