$AXL is currently in a cooling phase after the sharp move earlier in the cycle.
The pullback has been steady rather than chaotic, which usually signals distribution and reset instead of panic selling.
Price is now sitting near the 0.087–0.088 zone, an area where downside momentum has started to slow.
What matters here is not the bounce itself, but how price behaves around this base.
If buyers can defend this region and volume stabilizes, AXL gets room to rebuild structures before any meaningful recovery.
Until then, patience is key, this is a phase where markets quietly decide direction, not where they announce it loudly.
