The $AXL/USDT daily chart shows a significant price increase, currently at $0.1386, marking a solid +12.05% gain for the day.
The price has successfully broken above both the MA(7) at $0.1223 and the MA(25) at $0.1254. This crossover suggests a potential shift in short-term momentum from bearish to bullish.
The 24h Low of $0.1190 appears to have acted as a strong support level.
The next major resistance level is likely the MA(99) at $0.2126, indicating a long way to go to reverse the long-term trend.
Is AXL ready to climb higher, or is this a dead cat bounce? What's your target? 🎯
AXL
0.1356
-9.84%
#WriteToEarnUpgrade #BinanceBlockchainWeek #BinanceAlphaAlert
