When evaluating AXS, what interests me most is when selling pressure begins to weaken
Over the last 24 hours, buy volume reached 2.07 million AXS while sell volume stood at 2.44 million. Net outflow came to approximately 374,495 AXS. Large orders alone accounted for a net outflow of around 262,812 $AXS
At first glance, the data looks bearish. But I’m watching for a different signal: what happens if this selling pressure continues while price stops making new lows? That could be an important early sign of a potential reversal
For AXS, the key is how price responds as selling pressure fades. If that shift emerges, the current conditions could mark an important turning point
The opportunity may not appear when selling pressure is at its highest, but when that pressure starts losing its ability to push price lower
#AXS #TufanSalur #SKATS
Over the last 24 hours, buy volume reached 2.07 million AXS while sell volume stood at 2.44 million. Net outflow came to approximately 374,495 AXS. Large orders alone accounted for a net outflow of around 262,812 $AXS
At first glance, the data looks bearish. But I’m watching for a different signal: what happens if this selling pressure continues while price stops making new lows? That could be an important early sign of a potential reversal
For AXS, the key is how price responds as selling pressure fades. If that shift emerges, the current conditions could mark an important turning point
The opportunity may not appear when selling pressure is at its highest, but when that pressure starts losing its ability to push price lower
#AXS #TufanSalur #SKATS