🪙 Analysis and Monitoring of Currency $AXL (Axelar) – Buying Opportunity Take Advantage of the Drop and Enter from the Bottom ⚡️
🔹 Current Purchase Price: 0.125
🎯 Targets:
🎯 First Target: 0.14
🎯 Second Target: 0.16
🎯 Third Target: 0.18
🛑 Stop Loss: 0.115
📌 Let's Talk a Bit About the Currency:
Axelar is a strong project focused on connecting different blockchain networks (Cross-Chain), and this type of project always has importance in the medium and long term. The current price of 0.125 is close to strong support areas, and with the recent drop, it is clear that accumulation is happening before any upward movement.
📊 Key Technical Indicators:
• RSI Indicator is close to oversold areas, which gives a positive signal for a potential rebound.
• MACD Indicator is in a calming phase and close to a positive reversal.
• Trading volume is relatively low, often preceding a strong movement.
• The overall trend direction is still maintaining important support.
💡 Advice:
Entry should be gradual, and take advantage of the current drop to improve the average purchase without rushing.
⚠️ Alert:
Breaking the level of 0.115 with a clear close cancels the positive scenario, and adhering to the stop loss is essential
