$AXS #AXS 📉
Direction: SHORT
Entry zone: 0.753 to 0.760
Stop loss: 0.770
Target 1: 0.745
Target 2: 0.735
Axie Infinity is trading near 0.755 dollars, down 2.91 percent in 24 hours, inside a range of 0.749 to 0.792 dollars, and the recent closes show sellers pressing lower step by step, 0.757, then 0.760, then 0.760, then 0.753, then 0.755. 🔴 My reading is that AXS is the fading one in a red market, because it fell 2.91 percent while Bitcoin fell 4.10 percent in 24 hours, and five closes stuck under 0.760 dollars show sellers defending this level every time buyers try to lift it. A short from the current zone, with a stop above 0.770, targets 0.745 first and then 0.735 if sellers break the range low. A move above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does AXS break 0.745 first, or reclaim 0.770 first? 🤔
Follow for more trades.
#AxieInfinity #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.753 to 0.760
Stop loss: 0.770
Target 1: 0.745
Target 2: 0.735
Axie Infinity is trading near 0.755 dollars, down 2.91 percent in 24 hours, inside a range of 0.749 to 0.792 dollars, and the recent closes show sellers pressing lower step by step, 0.757, then 0.760, then 0.760, then 0.753, then 0.755. 🔴 My reading is that AXS is the fading one in a red market, because it fell 2.91 percent while Bitcoin fell 4.10 percent in 24 hours, and five closes stuck under 0.760 dollars show sellers defending this level every time buyers try to lift it. A short from the current zone, with a stop above 0.770, targets 0.745 first and then 0.735 if sellers break the range low. A move above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does AXS break 0.745 first, or reclaim 0.770 first? 🤔
Follow for more trades.
#AxieInfinity #Crypto #FuturesTrading #TradingSignals
