🚨ALERT: AXL Faces Bearish Pressure: Negative Funding Rates and Volume Surge on Binance and Bybit

💡 Advice: WATCH

🧐 Summary: AXL is experiencing significant short-selling pressure, evidenced by persistent negative funding rates and a surge in trading volume on major exchanges.

📊 Impact: Bearish. The negative funding rates indicate that short sellers are dominating the market and are willing to pay a premium to maintain their positions, while high volume confirms this strong selling pressure, suggesting a potential for further price decline.

#AXL $AXL

AXL

0.135

-1.60%