$AXL overextended— rejection at major supply

SHORT $AXL

Entry: 0.081 – 0.083 (current price or small bounce)

TP1: 0.078

TP2: 0.074

TP3: 0.070

SL: 0.086 (above supply — invalidates setup)

#AXL just made a sharp impulsive move straight into a well-defined supply zone, followed by clear rejection at the highs — a classic sign of sellers absorbing liquidity.

The pump came with a noticeable volume expansion, often associated with distribution / liquidity grab rather than sustainable upside

AXL
AXLUSDT
0.0745
-4.36%