Spike Fade 🧯

PAIR: $AXL

AXLUSDT

Perp

0.0933

+28.69%

Position: Short

ENTRY ZONE: 0.0780 – 0.0810

TAKE PROFITS:

1️⃣ 0.0735

2️⃣ 0.0695

3️⃣ 0.0655

STOP LOSS: 0.0855

📊 Bearish Reasons

Parabolic pump profit booking phase

Strong rejection from 0.0922 high

Big red candle breaking below EMA7

Overextended above EMA25 & EMA99

Volume climax distribution signal

⚠️ Safer Entry

Short only if 1H candle closes below 0.0765

OR rejection candle forms near 0.082–0.085 zone

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