$AXL Analysis

Current Price: $1.05

"We can say that it has corrected itself by falling to the level where liquidations accumulated and demand is intense in the region, but we cannot give clear targets for the rise yet. Therefore, it would be healthier to wait for the key prices."

We can view it as partially positive if it closes hourly at or above the Ascension Continuation Price ($1.15). This key price represents an important resistance. When it breaks, the upward momentum will strengthen, but if it is rejected by this resistance, a downward trend will occur.

Let's say the $1.15 breakout came and the close was completed successfully; That's when the Intermediate Resistance ($1.30) can be targeted, profit is taken in this region and a stop is placed upon the entry. Or, for those who entered at the top, a hedge short is opened and the position is continued. (Currently long is the first stage to reduce costs)

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