AXS looks like it's about to roll over, testing a key area of support that's held so far. Price action is getting pretty interesting here.
🔴 $AXS SHORT 📉
Entry → $0.870629-$0.872371
Stop → $0.897645 (-3.0%)
TP1 → $0.858428 (+1.5%)
TP2 → $0.827925 (+5.0%)
R/R 1:1.7 • Confidence 64%
This AXS short setup is looking juicy, got a few signals firing off like a market structure break and volume confirming the direction we want to trade - plus that fair value gap is just begging to get filled. Order block and liquidity sweep are also lining up nicely, making for a pretty compelling case. The fact that our points of interest overlap with the order block and fair value gap just adds to the confluence.
With a 3.0% stop loss, this one feels like it's got a bit of room to breathe, so we can probably get away with a bit of leverage here.
Might look to take some profit off the table at the first target, just to bank some gains and ride the rest out to see if we can get that full move.
Not financial advice — always manage your own risk 🙏
$AXS #AXSUSDT #Swarms #TradingSignals #Write2Earn
🔴 $AXS SHORT 📉
Entry → $0.870629-$0.872371
Stop → $0.897645 (-3.0%)
TP1 → $0.858428 (+1.5%)
TP2 → $0.827925 (+5.0%)
R/R 1:1.7 • Confidence 64%
This AXS short setup is looking juicy, got a few signals firing off like a market structure break and volume confirming the direction we want to trade - plus that fair value gap is just begging to get filled. Order block and liquidity sweep are also lining up nicely, making for a pretty compelling case. The fact that our points of interest overlap with the order block and fair value gap just adds to the confluence.
With a 3.0% stop loss, this one feels like it's got a bit of room to breathe, so we can probably get away with a bit of leverage here.
Might look to take some profit off the table at the first target, just to bank some gains and ride the rest out to see if we can get that full move.
Not financial advice — always manage your own risk 🙏
$AXS #AXSUSDT #Swarms #TradingSignals #Write2Earn