$AXL – Buyers Step In After Sharp Rebound
$AXL showed renewed strength after bouncing strongly from the 0.0677 low and spiking to 0.0980 within the last 24 hours. The chart highlights a strong bullish recovery candle, often seen when buyers aggressively defend lower levels. After the surge, price cooled and is now stabilizing near 0.0799, suggesting consolidation rather than weakness. Heavy trading activity above 158M AXL confirms genuine interest. This structure often precedes either a continuation push or a range breakout if volume returns.
Trade Setup:
Entry Zone: 0.075 – 0.080
Stop Loss: 0.067
Take Profit 1: 0.088
Take Profit 2: 0.098
Wait for volume confirmation and manage risk carefully 📈🔥
