🚨 AXL is breaking out of a Descending Channel pattern on the 1D chart, which is typically a bullish reversal signal.
📈 Entry Point: $0.60 to $0.65
🎯 Targets: $0.78 $0.88 $1.28 $1.64 $2.38
🔄 Trading Options: AXL is available for trading in both spot and futures markets. You can purchase it on the spot market, or if you prefer to go long on futures, consider setting a stop-loss at $0.50.
AXL (Axelar) is an innovative project in the crypto space, offering decentralized cross-chain communication for Web3 applications, enabling seamless interaction between multiple blockchain networks.