✅ $AXS — Bounce rejected at resistance, upside still getting sold aggressively 📉
Short $AXS
Entry: 2.12 – 2.22
SL: 2.35
TP1: 2.05
TP2: 1.92
TP3: 1.78
AXS has rallied back into a well-defined prior supply zone and is struggling to close or hold above it — multiple rejections on increasing volume signal fading buying interest. Momentum indicators are rolling over on lower timeframes, confirming this bounce is corrective within the broader downtrend rather than the start of any real reversal.
As long as this resistance area continues to cap price action, sellers remain in control and downside continuation is the higher-probability path. Watch for a clean break below 2.05 to accelerate toward the lower targets.
Trade $AXS here 👇
Short $AXS
Entry: 2.12 – 2.22
SL: 2.35
TP1: 2.05
TP2: 1.92
TP3: 1.78
AXS has rallied back into a well-defined prior supply zone and is struggling to close or hold above it — multiple rejections on increasing volume signal fading buying interest. Momentum indicators are rolling over on lower timeframes, confirming this bounce is corrective within the broader downtrend rather than the start of any real reversal.
As long as this resistance area continues to cap price action, sellers remain in control and downside continuation is the higher-probability path. Watch for a clean break below 2.05 to accelerate toward the lower targets.
Trade $AXS here 👇
