$AXL just printed one of those moves where the chart isn’t the story the bids are. The aggressive reclaim from 0.071 → 0.098 tells you buyers aren’t chasing candles, they’re stacking floors. That’s how liquidity rotates upward without panic wicks.

The more interesting tell is not the pump, but the way the dip behaved after it. Instead of unwinding the breakout, bids refilled above the previous base, shifting the liquidation band higher. Markets only do that when participants are confident the new range is justified.

Right now, the orderbook imbalance is leaning hard to the buy side. With 85% bid dominance, it’s less about momentum and more about positioning players are loading spot on pullbacks rather than hitting asks. When that dynamic holds, the breakout level becomes a launchpad instead of resistance.

Breakouts that stick aren’t hype events they’re liquidity migrations.