đ AXL/FDUSD Trading Analysis Support and Resistance Zones:
Support: The recent lowest point reached by AXL/FDUSD is now acting as support at approximately $0.5401.
$AXL Resistance: The highest point before the recent pullback serves as resistance, currently around $0.5546.
Role Reversal Concept:- When price breaks through a resistance level, it may become $AXL support (and vice versa).
Entry Strategies:
1.Bounce Approach:
Wait for confirmation (e.g., candlestick patterns) near support or resistance.
Avoid entering immediately to prevent false breakouts.
2.Break Approach:
Aggressive: Buy/sell when price passes through a zone.
Conservative: Wait for a pullback to the broken level before entering.
Current Values:
Price: Approximately $0.5472 FDUSD.
Money Flow: +13.08%.
RSI: 11.67%.
:Remember to manage risk and set profit targets. Happy trading! đđĄFeel free to adjust or expand upon this post as needed. If you have any other requests, just let me know! đđ
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