🔥**$AXL: Strong Buy Signal, Expect Short-Term Correction Before Continuation** 📈
Recent K-line data shows a trading volume explosion at the level of 0.0854 during the price increase, confirming strong buying power. However, the latest 1-hour candle with decreasing volume indicates the possibility of the market taking a pause or a slight correction.
The short-term contract cash flow (5m-1h) is at a positive level (+171K in 1H), signaling positive price momentum.
Meanwhile, the spot trading cash flow remains positive over 24H (+177K), reflecting genuine buying interest, not just from leveraged speculation.
**Entry Long Plan for $AXL:**
Aggressive: Open a position near the Support zone of 0.074 if a bullish reversal candle (hammer, engulfing) is confirmed.
Conservative: Wait for a pullback to MA20 at 0.073 or the Support zone of 0.067.
**Stop-Loss (SL):** 0.071 (applies to Entry 0.0745).
**Target Price (TP) for $AXL:** 0.089 - 0.097 (potential resistance zone).
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(AXLUSDT)
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