$AXS is currently facing significant supply pressure. The upside attempts are being met with strong selling, indicating rejection rather than acceptance. 📉
**SHORT $AXS**
Entry: 1.84 – 1.88
SL: 1.95
TP1: 1.72
TP2: 1.62
Price action shows $AXS bounced directly into a prior distribution zone and immediately stalled. Each subsequent push higher has faced clear rejection, with buyers unable to sustain positions above resistance, and upside momentum is fading rapidly. This suggests the move is corrective after the recent drop, with sellers aggressively defending this zone and favoring further downside while it acts as a cap. ⚠️
Trade $AXS here 👇
(AXSUSDT)
