AXL Trade Setup

$AXL had a sharp push up and now I’m seeing a healthy pullback and consolidation around a key demand area. I’m watching this zone for a bounce because price is holding above recent lows and sellers are losing momentum. This is a classic continuation setup after a volatility expansion.

Trade Plan

Entry Zone: 0.143 – 0.145

Target 1: 0.150

Target 2: 0.156

Stop Loss: 0.139

Why this works

I’m entering near support after a strong move, where buyers previously stepped in. The pullback is controlled, volume is cooling, and structure is still bullish. Risk is tight and reward is clean if momentum returns.

$AXL

AXL
AXL
0.1208
-16.80%

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