💥 AXL/USDT: Confident Bullish Momentum
AXL is demonstrating a powerful upward trend on the 1H chart. The price is holding at 0.1350, having gained over 21% from the daily low of 0.1087 — demand from buyers is evident.
🚨Indicators Summary
EMA(21/50/99): 0.1200 / 0.1160 / 0.1151 — confident bullish bias.
RSI (14): 89.09 — overbought zone, potential correction.
MACD: momentum increasing, signal favoring bulls.
Stoch RSI: 100 — market is overheated, but the trend remains strong.
💰Trading Plan
The main idea is to go long after a slight correction or a confident hold of the range.
🎯Growth Targets
0.1370 — locking in first profit
0.1400 — strengthening momentum
0.1450 — expanding bullish movement
➡️Entry Points
Conservative: 0.1330 — entry from support
Aggressive: 0.1350 — at current price
⛔️Stop-Loss
0.1280 — capital protection in case of a direction change.
📌Conclusion: the trend remains strong, but the market is overheated — manage risks and watch the price reaction at key levels.
Spot Trading 👉$AXL
Futures 👇
