$AXL /USDT just shook the market.
Price at 0.1316 USDT, down 14.38% today after a sharp sell-off. The pair printed a 24H high at 0.1568 and dipped to a 24H low of 0.1286, with heavy volatility shaking out weak hands.
On the 1D chart, AXL is still under pressure:
MA(7): 0.1327 – price struggling right below short-term resistance
MA(25): 0.1253 – immediate support zone
MA(99): 0.2077 – confirms the broader downtrend
A clear breakdown from the 0.24 zone led to capitulation near 0.1051, followed by a sharp bounce. Volume exploded, signaling aggressive participation and a possible short-term relief move.
Key levels to watch:
Support: 0.128 – 0.125, then 0.105
Resistance: 0.144, then 0.156
Momentum is heating up, but the trend is still fragile. This zone decides whether AXL forms a base or continues the bleed. High risk, high volatility, eyes wide open.
