🔥 AXL/USDT — pause after the impulse: accumulation or continuation of the correction?
The price showed a strong impulse from 0.0710 to 0.1059, after which it logically transitioned into a correction and consolidation phase. Currently $AXL is trading near 0.0879, right in the short-term balance zone.
📊 Key picture
EMA 21 ≈ 0.0894 — price is below, local selling pressure
EMA 50 ≈ 0.0850 — nearest support
EMA 99 ≈ 0.0799 — key trend protection zone
Structure: impulse → pullback → sideways
📉 Indicators
RSI(14): ~48 — neutral zone, potential for movement exists
RSI(6): ~35 — local oversold
MACD — in the negative, but the histogram is compressing → weakening of the correction
Stoch RSI — at the bottom, a rebound is possible
🧠 Trading plan
Main scenario — LONG from support
🎯 Targets:
1️⃣ 0.0923 (≈ +5%)
2️⃣ 0.1000 (≈ +14%)
3️⃣ 0.1059 (≈ +20%)
📍 Entries:
Aggressive: 0.086–0.088
Conservative: rebound from EMA50 (≈0.085)
🛑 Stop-loss: below 0.0830
(Breaking EMA50 will strengthen the scenario of decline towards EMA99)
🧩 Conclusion
AXL remains within the bullish structure, the current correction looks healthy. As long as the price holds 0.085–0.080, the priority is to look for longs after confirmation. A breakout above EMA21 will be the first signal for continuation of growth.
Trading 👉$AXL
