⭐Briefly on $AXL , we maintain our composure and wait for the perfect moment 👇
📈Conservatively: wait for a pullback to 0.11–0.12 and a signal of volume recovery; 🛑SL slightly below 0.10; 🎯TP1 0.20, TP2 0.24 (take profits in parts).
📈Aggressively: partial entry now with tight 🛑SL ≈0.115 and a plan to average down when holding >0.13.
📉Short (high risk): upon a clear reversal and breakout at 0.11 with volume; 🛑SL above 0.16; 🎯TP1 0.095, TP2 0.08.
❗Scenario
- Strong bullish impulse/race: sharp rise with high volume and diverging EMAs — a short-term consolidation or partial pullback is possible before continuing upwards.
🔑Key levels
- Immediate support: 0.11–0.12
- Significant support: 0.08–0.095
- Nearest resistance: 0.16–0.17 (local peaks)
- Strong resistance on expansion: 0.20–0.24
❗Triggers
- Bullish: holding >0.12–0.13 and resuming volume → target 0.20.
- Bearish: sharp breakout down below 0.11 with volume → target 0.08–0.095.
❗❗❗Risks
- Rapid pullbacks
