Volatility is increasing.
$AXTI – LONG
Entry: 73.70–73.50
SL: 72.80
TP1: 74.30
TP2: 74.80
TP3: 75.40
The market structure suggests a potential rally, with increasing volume and a series of higher highs. However, the recent wick on the 15-minute candle indicates some selling pressure. A breakout above the current resistance level could confirm the trend, while a close below the current support level would indicate a reversal.
$AXTI – LONG
Entry: 73.70–73.50
SL: 72.80
TP1: 74.30
TP2: 74.80
TP3: 75.40
The market structure suggests a potential rally, with increasing volume and a series of higher highs. However, the recent wick on the 15-minute candle indicates some selling pressure. A breakout above the current resistance level could confirm the trend, while a close below the current support level would indicate a reversal.