$AXL is experiencing a significant drop in volume, with a daily decline of nearly 20%. Combined with position data, this is a typical structure of major players offloading.
🎯 Direction: Short
🎯 Entry: 0.0720 - 0.0740
🛑 Stop Loss: 0.0780 (rigid stop loss)
🚀 Target 1: 0.0650
🚀 Target 2: 0.0580
$AXL 's price action shows a resistance-free decline, with a -19.49% drop accompanied by high trading volume. The market logic points to major players offloading rather than a simple long position liquidation. The price has broken through all short-term support structures, selling pressure continues, and no effective buying absorption has appeared. Until a clear bottom reversal signal emerges, following the trend to short is the only path.
Trade here 👇$AXL
AXLUSDT
Perp
0.0753
-14.52%
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