$AXL /USDT on Fire: Strong Gains and Potential Breakout
$AXL /USDT is currently trading at 0.8080, up by an impressive 27.73% in the last 24 hours. The price recently hit a high of 0.8640, signaling strong bullish momentum. The MA(7) at 0.8224 is above the MA(25) at 0.7643, indicating sustained short-term strength. Meanwhile, the MA(99) at 0.6408 provides solid long-term support, reinforcing the positive market trend.
If $AXL breaks above the 0.8640 level, the first target is set at 0.8780. A further push could take it to the second target at 0.9000. Optimistic traders can look for a longer-term target around 0.9500, marking a potential breakout zone. On the downside, if the price drops below 0.7738, traders should remain cautious and monitor for a possible retracement.
The volume is surging, reflecting strong market interest and potential volatility ahead. This setup presents exciting opportunities for both short-term scalps and long-term trades.
