I have analyzed $AXS for a short trade.

$AXS has made a sharp bullish move and is now showing exhaustion near the resistance zone. After the strong pump, price is consolidating with rejection wicks and weakening momentum, signaling profit-taking.

On the 1H timeframe, price is struggling to hold above the recent highs. As long as AXS remains below resistance, a corrective pullback is likely.

The current structure favors a short-term retracement.

Short Bias: Below 2.10

Entry Zone: 2.00 – 2.10

Targets:

TP1: 1.90

TP2: 1.80

TP3: 1.70

AXSUSDT

Perp

1.443

-0.96%