š$AXL
AXLUSDT
Perp
0.1476
+8.76%
BEARISH TECHNICAL ANALYSIS
$AXL is showing bearish pressure after a sharp rally, as price fails to sustain above the 0.1594 resistance zone. A lower-high formation indicates weakening buyer strength, suggesting potential downside toward key support levels.
Bearish Highlights:
ā¢ Rejection from 0.1594 resistance zone
ā¢ Lower-high structure signaling bearish momentum
ā¢ Momentum fading after strong upward move
ā¢ Price testing mid-range support levels
POTENTIAL TARGETS (TP):
ā¢ TP1: 0.1528
ā¢ TP2: 0.1400
ā¢ TP3: 0.1335 major support
STOP LOSS (SL):
ā¢ Above the recent lower high / resistance zone
RISK MANAGEMENT:
Risk only 1ā2% per trade, maintain strict stop-loss discipline, and avoid oversized positions during volatile periods.