Market just cooled after a fast impulse — now it’s about structure, not hype.
$AXL USDT (1H) – Price Action Read
Strong impulse leg from ~0.120 → ~0.155 shows aggressive demand and fresh liquidity entry.
Current price ~0.136 is a pullback, not a breakdown yet.
Key Support
0.135–0.132 → short-term demand zone, prior base + reaction area.
Below that, major invalidation sits near 0.125 (origin of the impulse).
Key Resistance
0.145–0.148 → local supply, multiple rejections.
Major resistance/liquidity pool at 0.155–0.158 (recent high).
Structure
Higher low still intact as long as 0.132 holds.
Consolidation forming after expansion — typical pause, not distribution yet.
Volume
High volume on the impulse up.
Pullback happening on reduced volume → sellers not aggressive so far.
Triggers to Watch
Acceptance above 0.145 = continuation strength.
Loss of 0.132 with volume = structure weakness, deeper retrace likely.
This is a decision zone, not a chase area.
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