š $AXL ā 1H Outlook: Strong Reversal Surge With Fresh Momentum
š¹ Trading Plan (LONG)
⢠Entry: 0.128 ā 0.13000
⢠TP1 & TP2: 0.13480 ā 0.13640
⢠SL: 0.12380
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Price just fired a powerful reversal candle with expanding volume, signaling buyers stepping back aggressively after a prolonged drift.
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Key Levels & Indicators
⢠Support: 0.12400 ā 0.12500, newly reclaimed after the bounce.
⢠Resistance: 0.13550 ā 0.13650, upside target zone.
⢠MA Structure: MA7 crossing above MA25, and price breaking MA99 ā fresh trend shift.
⢠RSI: 66ā77 range, showing strong renewed momentum without extreme divergence.
⢠Volume: Spike confirms a valid breakout attempt rather than a random wick.
Outlook
AXL is entering a bullish recovery phase as long as it holds above 0.124. Momentum remains favorable for continuation toward mid-0.13 levels.
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