AXLUSDT Technical Analysis in Daily Timeframe

Jul 18

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Now, let’s dive into this chart analysis:

AXL has broken above an important resistance trendline, indicating a trend reversal from bearish to bullish. However, the actual trend reversal will be confirmed when AXL breaks above the $0.8837 resistance level.

Entry: $0.6436 to CMP.
Close Position: If the price breaks down and closes below $0.5664.
Targets: $1.275, $1.632, $2.374.

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