Crypto Signals | ChartMonkey
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📊NEUTRAL: $AXL by MonoCoinSignal (1H)
#AXLUSDT | #AXL | #Axelar
Current Price $0.62
Market Cap $436.62M
Change 1h +0.78% | 24h +24.71%

Hourly Indicators:

• RSI: 82 - Extremely Overbought 🟢🟢
• MACD: 0.02 - Bullish 🟢
• EMA: 0.52 - Above 🟢

Analysis:
AXL is showing strong bullish momentum lately! The stock is currently facing a test at some crucial resistance levels, so keep an eye on it to see if it can sustain this upward trend. Immediate support is visible at around $0.5400, which is a key level to watch for any potential pullbacks.

Price Targets:
If AXL can break through its local resistance, the next key target to watch for would be around $0.6624. However, if the resistance holds, we might see the price drop back to support levels near $0.6000 or $0.5800. This could give bullish traders a chance to establish new positions at lower levels.

Axelar's community: @axelarcommunity