$AXL is currently trading around 0.0925, up more than 21% after a sharp rebound from the 0.075–0.076 demand zone. Buyers stepped in aggressively from the lower range, flipping short-term momentum back to the upside.
Price is now stabilizing above the 0.091–0.092 area, which is acting as immediate support. As long as this zone holds, the structure remains bullish. The projected path shows higher lows forming, suggesting continuation toward the upper resistance band.
A sustained move above 0.095 could accelerate momentum toward the psychological 0.10 level and beyond. The previous rejection zone near 0.104–0.108 remains the key upside area to watch.
Long setup (on support hold):
Entry zone: 0.0915 – 0.0930
Target 1: 0.0960
Target 2: 0.1000
Target 3: 0.1040 – 0.1080
Stop loss: 0.0859
Key level to protect: 0.0910
If price loses the 0.086 area, the bullish setup weakens and a deeper pullback toward the demand zone becomes likely. Expect volatility and manage risk accordingly.
