Technical analysis by EagleBat about Symbol AXL: Buy recommendation (11/29/2024)

I think it is very cheap because it has not yet made moves like ENA and ARB. Its project is at least as solid as them and the bull promises high earnings. I expect its rise to gain speed with the hype that will flow to Web3 and AI with the movement of Ethereum. Technically, it has completed the breakout/retest movement of the falling diagonal and managed to hold on by turning the resistance in front of it into support. As long as it manages to stay on the blue support band it is in, it will want to go to the red resistance bands above. This is an educational note for myself. It is not a buy, sell, hold advice to anyone. Those who listen to me will lose.