$AXS /USDT – Bullish Breakout Setup
A short liquidation at $2.14175 ($7.42K) signals strong buyer pressure and trapped sellers, often a precursor to bullish continuation.
Key Levels
Support: $2.12 – $2.05
Breakout Zone: $2.18 – $2.22
Resistance: $2.35 – $2.55
Trade Setup (Long Bias)
Entry: Hold above $2.14, or confirmed break & acceptance over $2.22
Targets:
TP1: $2.35
TP2: $2.55
TP3: $2.80
Stop Loss: Below $2.02
Market Sentiment
Short squeeze has shifted momentum firmly to bulls. As long as AXS sustains above the breakout zone with volume, upside continuation toward higher liquidity levels remains favored.
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AXS
1.356
-1.59%
