$AXS: High R-Multiple Long Trade Setup Forming on $AXS
LONG SETUP AXS
Entry: $1.3110 - $1.3150
Stop Loss: $1.2660
Take Profit: $1.4070 (2R)
Key Levels: Support $1.2990 | Resistance $1.3850
Technical Analysis for $AXS: AXS stays above its 50 and 200EMA, preserving the longerterm bullish bias. A shortterm pullback is evident as price sits under the 9 and 21EMA and the MACD histogram is negative, while stochastic K is deep oversold (~17). ADX 41 shows a strong trend. Watch for a bounce from 1.311 support; a break above 1.385 confirms upside. Risk if
Market Context: BTC is in a bullish 4H and 1D trend, up ~1.15% today, with market breadth mixed (52% green). Overall crypto market shows
Can $AXS hold support and challenge resistance? Follow for more data-led market setups.
LONG $AXS
LONG SETUP AXS
Entry: $1.3110 - $1.3150
Stop Loss: $1.2660
Take Profit: $1.4070 (2R)
Key Levels: Support $1.2990 | Resistance $1.3850
Technical Analysis for $AXS: AXS stays above its 50 and 200EMA, preserving the longerterm bullish bias. A shortterm pullback is evident as price sits under the 9 and 21EMA and the MACD histogram is negative, while stochastic K is deep oversold (~17). ADX 41 shows a strong trend. Watch for a bounce from 1.311 support; a break above 1.385 confirms upside. Risk if
Market Context: BTC is in a bullish 4H and 1D trend, up ~1.15% today, with market breadth mixed (52% green). Overall crypto market shows
Can $AXS hold support and challenge resistance? Follow for more data-led market setups.
LONG $AXS
