$AXL Short Trade Setup

$AXL is struggling to reclaim a key resistance zone after a weak bounce, and sellers are clearly defending this area with strong rejection wicks...............

Price action shows lower highs forming below resistance, signaling exhaustion from buyers and increasing downside pressure................

As long as $AXL stays below this supply zone, the structure favors continuation toward lower support levels..............

Trade Setup

Entry: 0.1490 – 0.1535

Target 1: 0.1420

Target 2: 0.1380

Target 3: 0.1349

Stop Loss: 0.1565