$AXL In the past 7 days, it rose by 19.7%, but fell by 9.88% in 24 hours. Why? The overall market sentiment of 'risk aversion' is at play, with the global crypto market down by 2.47%, and AXL is caught in the crossfire. But don't panic, TVL (Total Value Locked) surged to $200 million, and cross-chain transfers exceeded $1.3 trillion annually, this fundamental is as strong as diamonds!
Short pressure zone: 0.1642-0.1660 (major forces are intensively suppressing it, any touch from above will cause a fallback)
Secondary pressure zone: 0.1708-0.1757 (only when it breaks through here, can it be considered a real surge; otherwise, it is likely a false breakout)
Capital accumulation zone (low-level building area): 0.1190-0.1229 / 0.1087-0.1097 / 0.1086-0.1115
Current price is far above the accumulation area, indicating that the main force has already finished collecting at low levels, and now it's just playing the 'inducing high game' at high levels. If it truly breaks through 0.1757, it may reach 0.19-0.20; but if the high-inducing fails, it is also possible to directly pull back below 0.12.
Suggestion: Don't chase high prices! Stay out and watch, wait for a pullback to the low of 0.12 to buy again. Risk? If the overall market collapses, AXL may test the bottom at 0.10. But the opportunity is great: Hedera integration + Saga partners, institutional AI framework AgentFlux is going online, AXL is the next 'King of Connectivity'.
Space has no gravity, be patient and wait for the attraction.
#AXL/USDT
