$AXTI Signal】1H longs continue, the Bollinger middle band support remains effective


$AXTI 1H MACD histogram begins to converge but is still above the zero line; the 4H Bollinger Band is opening upward to provide trend support. The buy order depth ratio is 49%, with limited sell pressure, but the long side’s willingness to actively push is average.

🎯Direction: long

⚡Entry / pending orders: 57.1381 - 57.3100

🛑Stop loss: 56.7369

🚀Target 1: 58.1697

🚀Target 2: 58.5995

🛡️ Trade management:
- Execution strategy: after reaching Target 1, reduce position by 50% and move the stop loss up to breakeven. If price falls back to the entry area, automatically exit to protect the principal.

RSI 1h 66.65 is not overbought; 4h RSI 54.98 has just moved away from the midline. The current upswing’s volume structure is still acceptable. Objectively assessing the current risk-reward ratio of 1.5, with a stop-loss distance of about 1%, it is suitable for short-term trading.

View live market 👇 $AXTI
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AXTI14.08%
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