AXS coin records good gains today with a rise of more than +13.9%, and is currently moving in a consolidation and corrective range after touching a peak at 1.4050. Here’s a look at price behavior on the short timeframe:
​📊 Current technical data:
• Current price: 1.3686
• Key support level: 1.3656 (SuperTrend level), followed by 1.3560.
• Resistance zones: 1.3708; breaking above it paves the way for a retest of the peak at 1.4050.
• RSI indicator: around 39.8, which is nearing oversold levels and may provide a nearby speculative bounce signal.
​🎯 Expected scenario:
• Positive scenario: if the price manages to hold above support 1.3656 and breaks 1.3710, it could push the coin to resume the uptrend, targeting 1.3950 then 1.4050.
• Negative scenario: breaking the 1.3656 level opens the door for a correction toward 1.3550 levels.
​⚠️ Risk management:
Trading perpetual contracts on short timeframes requires fast reaction and continuous commitment to stop-loss orders!
​Share your opinion: do you think AXS is ready to break the previous high, or will we see a drop for consolidation? 💬👇
​#AXS #Binance #CryptoAnalysis #Trading #AxieInfinity $AXS