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$AXL Simple View 👇 $AXL is bouncing from a strong support area, which is a good sign. Buyers are trying to push the price up. Right now, the price is facing resistance from the 21 MA above it. This level is important. If $AXL breaks above the 21 MA and moves out of the falling channel, it will confirm a bullish move. Until then, it’s a wait-and-watch situation.
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#DXY played out exactly as expected — a clean breakdown followed by range-bound trading. This move already had an impact on global markets, though crypto hasn’t reacted strongly yet. In the near term, a minor retracement next week wouldn’t be surprising. That said, the broader structure still points lower, with price likely moving toward the major support zone around 97.46 – 97.81. Worth keeping a close eye on how markets respond as this level approaches.
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