#AXLUSDT – Near the resistance level: Breakout or rebound? 🤔📈
On the daily timeframe, the $AXL stock price formed a double bottom reversal with a neckline at $0.105-0.109. After the breakout, the price rose to the SBR zone.
This is a key area.
• Breakout ← Upward move towards FVG $0.125-0.133 🚀
• Rebound ← Strong rebound to the double bottom neckline 🔄
Best strategy: Wait and see — buy on breakout, or buy on rebound at the neckline.
#WAXLUSDT #WAXL #AXL $WAXL