📢 $AXS / USDT | 🔴 SHORT | ⭐ 73%
🎯 Target: $0.72967004. Will it reach it?
🎯 Trading levels:
🔴 Entry: $0.7443
🛑 Stop Loss: $0.752428
🏁 TP1: $0.72967
🏁 TP2: $0.721542
🏁 TP3: $0.711789
📈 Analysis:
The market structure shows a clear downtrend with lower lows and lower highs, confirmed by a recent bearish breakout. Sellers remain in control, supported by above-average trading volume that reinforces selling pressure. With the relative strength indicator at neutral levels and a technical continuation structure in place, the market is looking to extend its move toward the marked target.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A bearish break of structure (BOS) occurs when the price crosses a previous support level, indicating that sellers have taken control of the trend.
#crypto #AXS #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.
🎯 Target: $0.72967004. Will it reach it?
🎯 Trading levels:
🔴 Entry: $0.7443
🛑 Stop Loss: $0.752428
🏁 TP1: $0.72967
🏁 TP2: $0.721542
🏁 TP3: $0.711789
📈 Analysis:
The market structure shows a clear downtrend with lower lows and lower highs, confirmed by a recent bearish breakout. Sellers remain in control, supported by above-average trading volume that reinforces selling pressure. With the relative strength indicator at neutral levels and a technical continuation structure in place, the market is looking to extend its move toward the marked target.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A bearish break of structure (BOS) occurs when the price crosses a previous support level, indicating that sellers have taken control of the trend.
#crypto #AXS #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision calmly.
