🚨AXTIB/USDT $AXTIB
Direction: Long
Entry: 64.80 – 65.80
Stop Loss: 62.50
Take Profit:
TP1: 67.50 – 69.00 TP2: 71.00 – 73.00 TP3: 76.00+
After the previous decline, it bottomed at 52.84 and then began to reverse and rise, forming a rebound trend. The price moved upward along the MA7, while volume increased during the bottoming-and-surge phase. In the current rebound phase, volume remains steady. Simple interpretation: After AXT completes a downtrend and stops falling at the low of 52.84, it stabilizes and gradually builds a base for a rebound. In the short term, moving averages form a bullish alignment, indicating a “rebound bullish trend after the downtrend ends,” currently in a “pullback confirmation” stage.
Direction: Long
Entry: 64.80 – 65.80
Stop Loss: 62.50
Take Profit:
TP1: 67.50 – 69.00 TP2: 71.00 – 73.00 TP3: 76.00+
After the previous decline, it bottomed at 52.84 and then began to reverse and rise, forming a rebound trend. The price moved upward along the MA7, while volume increased during the bottoming-and-surge phase. In the current rebound phase, volume remains steady. Simple interpretation: After AXT completes a downtrend and stops falling at the low of 52.84, it stabilizes and gradually builds a base for a rebound. In the short term, moving averages form a bullish alignment, indicating a “rebound bullish trend after the downtrend ends,” currently in a “pullback confirmation” stage.