$AXL / USDT (Perp) — Bearish Short Setup 🔻
Price is trading around 0.1029, down 7.63%, and the 1H structure remains clearly bearish with consistent lower highs and lower lows. A weak consolidation below key resistance suggests selling pressure is still in control.
Trade Plan (Short):
Entry Zone: 0.1040 – 0.1060
Targets:
TP1: 0.1000
TP2: 0.0950
Stop Loss: 0.1095
As long as price stays below resistance, downside continuation remains likely. Manage risk accordingly 📉
