LONG $AXL - STRONG UPTREND CONTINUATION NEAR MA60
Current Price: $0.0881
Signal: Price is showing strong bullish momentum with +8.36% daily gain, approaching MA60 resistance for potential breakout continuation.
Entry: 0.0875 - 0.0885
TP1: 0.0950
TP2: 0.1020
TP3: 0.1100
SL: 0.0830 (below recent support)
CHART ANALYSIS:
Strong Weekly Momentum: +24.93% over 7 days shows sustained buying pressure and trend acceleration.
MA60 Breakout Test: Price approaching MA60 at $0.0889 - a breakout above could trigger further upside momentum.
Volume Support: Healthy volume confirms genuine interest in the current uptrend.
Layer 1/2 Narrative: As a Layer 1/Layer 2 project, AXL benefits from blockchain infrastructure narrative driving recent gains.
Multi-Timeframe Alignment: Positive daily and weekly returns suggest alignment across timeframes for continued upward movement.
#AXL #Long #Uptrend #Breakout #BukhariTechTips
