๐จ $AXTI IS RALLYING INTO MY SHORT ZONE ๐ฉธ
AXTI has bounced hard from $47.08, but I'm still bearish on the bigger trend. I'm watching $57โ$59 for a rejection that could send price back toward $54, $51 and $48.
Entry: $57โ$59
Stop Loss: $61.30
๐ฏ TP1: $53
๐ฏ TP2: $51
I expect sellers to defend this area, but I want rejection before entering. The 1H bounce is strong, so I'm not shorting blindly.
Would you short this rally or wait for confirmation? ๐ค
#AXTI #TradingSignals
AXTI has bounced hard from $47.08, but I'm still bearish on the bigger trend. I'm watching $57โ$59 for a rejection that could send price back toward $54, $51 and $48.
Entry: $57โ$59
Stop Loss: $61.30
๐ฏ TP1: $53
๐ฏ TP2: $51
I expect sellers to defend this area, but I want rejection before entering. The 1H bounce is strong, so I'm not shorting blindly.
Would you short this rally or wait for confirmation? ๐ค
#AXTI #TradingSignals