$AXL The main force is building positions, should we follow up?

1. Overall trend judgment (core)

Today, a +12.40% bullish candle with increased volume appeared, marking a "bottom rebound" after reaching a new low of $0.1335, indicating that bottom-fishing funds have finally emerged at extreme lows.

The medium-term trend of AXL remains very weak, but short-term signals of a stop-loss have appeared. The current rise belongs to a severe "oversold recovery"; whether it can evolve into a reversal still needs to be observed, particularly whether it can maintain increased volume to break through key resistance levels.

2. Key levels

Resistance levels (selling pressure area):

Short resistance: $0.200. This is the last small platform of consolidation during the recent downtrend, as well as a psychological round number. A rebound to this level will create the first wave of resistance from short-term profit takers and deep losses.

Strong resistance: $0.300 - $0.400. This is the bottom of the oscillation range that has been maintained for a long time from June to September. Once it breaks below this level, AXL enters "ICU." Only by regaining $0.30 can it declare a reversal in the medium-term trend.

Support levels (defensive area):

Lifeline: $0.1335. This is the starting point of the current rebound and the current historical low. This is the last safety net for bulls. If it breaks below, it will enter a "bottomless pit" mode.

3. Trading volume signals

Signal: Low-level volume increase.

Today's bullish candle is accompanied by a noticeable increase in trading volume (compared to the previous few weeks of silence).

Interpretation: Some funds are attempting to bottom-fish. The increase in volume at this extreme position indicates that the main force or large investors have started to build positions on the left side, betting on an oversold rebound.

4. Action strategy

For holders: Do not cut losses at the board. Since it has already dropped more than 90%, cutting losses now is meaningless. It is recommended to hold and aim for the continuation of this rebound. The first target is $0.20; if there is resistance, consider reducing positions and trading (T).

For those without positions: An aggressive opportunity to "pick up cigarette butts."

Strategy: Try light positions near the current price of $0.15, with a strict stop-loss set at $0.13 (below the new low).

Logic: The bet is on a technical recovery after severe overselling, with a very high risk-reward ratio (limited downside potential, with the possibility of doubling upside).

5. Summary

AXL is in the "reconstruction of ruins" stage, $0.13 is the foundation, and $0.20 is the first wall. Although there is a rebound, the ice does not freeze for three feet in a single day; do not heavily invest!