$AXL — Distribution → Breakdown Short
AXL is down -14%, but more importantly — it failed to reclaim resistance. This is classic continuation bearish structure.
🧠 Market Read
Lower highs intact
Weak bounce attempts
Sellers defending every push up
This is not accumulation — it’s slow bleeding before expansion downward.
📍 Short Entry Zone
Primary Short: 0.138 – 0.142
Scalp Short: Rejection near 0.145
🎯 Downside Targets
Target 1: 0.125
Target 2: 0.118
Target 3: 0.105 (capitulation zone)
🛑 Stop Loss
Hard SL: 0.150
Above this = structure shift, no revenge trading.
⚠️ Trade Logic
As long as AXL stays below 0.145, rallies are selling opportunities, not breakouts.
📌 Trend doesn’t care about feelings.
