Yello, Paradisers! Is #AXLUSDT about to break out and deliver a massive rally? Let's discuss the latest analysis of #Axelar and see what's happening:
đ#AXLUSDT is showing promising signs of a bullish continuation after a strong push from the critical support level at $0.463. Weâve been keeping a close eye on #Axelarâs movement within a Descending Broadening Wedge pattern, and now itâs making an attempt to break above the descending resistance line.
đIf #AXL can maintain strength at this level, we could be on the brink of a major rally, mirroring previous bullish trends. A clean breakout above the key resistance zone at $0.692 might open the door to even higher resistance levelsâand possibly new highs.
đBut here's the catch: Caution is key. If momentum fades around this critical support, we might see a pullback toward the lower demand area near $0.368-$0.405.
đA daily close below this demand zone would invalidate our bullish outlook and could signal further declines ahead for AXL.
Stay vigilant, Paradisers, and keep a close eye on #TOKEN's price action.
MyCryptoParadise
iFeel the successđŽ
