AXL is declining steadily, recovering weakly, and each bounce is quickly suppressed. This is not a panic sell but a patient sell-off. The chart makes the holder feel more tired than scared.
The noteworthy point is that after the sharp drop, AXL did not continue to fall deeply. The price is moving sideways in the lower range, with gradually narrowing margins and thin volume. This indicates that the active selling pressure has significantly decreased.
AXL is an infrastructure coin, not a memecoin that pumps continuously. Significant movements from this group usually come after periods considered boring and dull.
AXLUSDT
Perp
0.0592
+8.82%