Brothers, look closely… this move on the chart is telling its own story.
If you’ve been watching this pump, you already know what kind of reversal pressure is building right now.
From here, $AXL has just tapped into a strong rejection zone after an aggressive vertical push, which usually signals exhaustion and a clean setup for a downside correction. The wick at the top confirms sellers stepping in, and the price failing to sustain above 0.1600 makes this reversal opportunity even stronger. If momentum continues fading like this, we can look for a deeper pullback toward the lower liquidity pocket where demand previously reacted.
This setup favors a short-term bearish trade as long as price stays below the rejection area shown on the chart. A controlled entry with a defined stop keeps this trade clean and manageable.
