$AXL /USDT BULLISH STRUCTURE WITH CONTINUATION POTENTIAL
The chart reflects a strong impulsive move followed by healthy consolidation above key support levels. Price action is holding above major moving averages, indicating bullish control. Higher highs and higher lows confirm trend continuation, while momentum indicators suggest room for further upside after a brief cooldown.
Trade Idea: Long
Entry: On pullback toward strong support zone
TP1: Previous swing high
TP2: Upper resistance zone
SL: Below the higher-low support
Risk Management: Risk only 1–2% per trade, ensure a minimum 1:2 risk-reward ratio, and avoid chasing price extensions.
#TechnicalAnalysis #BullishTrend #SupportResistance #MovingAverages #PriceAction $AXL

AXLUSDT
Perp
0.0631
+1.93%