$AXS /USDT just showed signs of exhaustion after a strong impulsive rally, with price struggling to hold above recent intraday highs. Momentum is fading near a key supply zone, and rejection from the upper range suggests buyers are losing control. If price continues to trade below resistance, a corrective move to the downside looks likely as late longs get trapped.

Trade Setup

Entry: 2.15 – 2.18

Target 1: 2.05

Target 2: 1.95

Target 3: 1.82

Stop Loss: 2.28

AXS

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