$AXL /USDT 15-Minute Chart Analysis🚀🌕‼️
The price of $AXL is currently trading at $0.7735 after a significant surge of +31.26% 📈. This breakout within the ascending channel suggests strong bullish momentum, but traders should remain cautious as it approaches critical levels.
💡 Key Levels to Watch:
Resistance: $0.7886
Support: $0.7500
🔥 Long Entry: If $AXL breaks above $0.7886, consider entering a long trade. Targets could be set around $0.8000 and $0.8200 for potential gains.
Stop Loss: Place a stop loss just below $0.7500 to protect against any downside risk.
🔻 Short Entry: If the price falls below $0.7500, you can look to enter a short trade, aiming for targets around $0.7300 and $0.7000.
Stop Loss: Place a stop loss above $0.7886 to mitigate losses in case of a sudden reversal.
⚠️ Important: The ascending channel indicates increasing buyer strength, but a reversal at the resistance could lead to a correction. Stay sharp and follow your strategy!
#AXL #USPPIAboveExpectations #USRateCutExpected #Write2Earn! PeterToddHBOSatoshi Nakamoto?