$AXL /USDT Explodes Intraday — Pullback May Set Up the Next Move
AXL just printed a strong intraday expansion, rallying from the $0.0716 24-hour low to a high of $0.1059, delivering a +31% surge before cooling off. Price has since pulled back toward the $0.0952 – $0.0953 area as short-term traders lock in profits.
Despite the retrace, volume remains elevated, with nearly 1.98B AXL traded in the past 24 hours, highlighting strong speculative participation and sustained market interest. This type of pullback into support often attracts momentum traders looking for continuation.
📌 Trade Setup — $AXL
Bias: Trend-following long while structure holds
Entry Zone: $0.0940 – $0.0955 (short-term support area)
🎯 Targets
• TP1: $0.0995
• TP2: $0.1059
🛡 Risk Management
Stop Loss: Below $0.0900
Trend Bias Valid Above: $0.0916
📊 Market Outlook
As long as price holds above key intraday support, the trend remains constructive. Pullbacks are viewed as reset opportunities, not weakness, while momentum stays intact.
Volatility is high — manage risk accordingly and avoid chasing extended candles.
Let’s trade smart.
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