$AXL
/USDT – Short Opportunity After Exhaustion at Local Highs
AXL has shown a strong upside move today (+30%), but the 15m structure now shows weakening momentum, lower highs forming, and sellers stepping back in after the failure to hold above 0.1500. Price is also hovering under intraday resistance.
A short setup becomes valid if price continues rejecting 0.1450–0.1480.
🔻 Short Setup (Scalp / Intraday)
Entry Range:
• 0.1450 – 0.1480
(Short on rejection of this supply zone)
Targets:
• TP1: 0.1380
• TP2: 0.1320
• TP3: 0.1250
Stop Loss:
• 0.1515 (Above the wick highs & invalidation zone)
📉 Short Outlook
AXL pumped aggressively but failed to make a higher high on the last push. Now we have:
Clear rejection wicks near 0.1500
Lower-timeframe distribution on the 15m
Decreasing bullish volume after the spike
A break and retest pattern forming beneath 0.1450
A corrective move is likely as price cools off from overextension.
If 0.1515 breaks with strength, the short idea becomes invalid.
