🔥 $AXS is bleeding momentum and weak bounces in a downtrend are usually sell opportunities, not reversals.

Trade Setup: SHORT $AXS

Entry: 1.72 – 1.77

Stop-loss: 1.90

Targets: 1.60 → 1.42 → 1.25

Technical View:

AXS is down ~23% weekly with heavy volume, showing real distribution. Price trades below SMA30 and far under SMA200, keeping structure bearish. RSI14 ≈ 38 signals weak demand, not true oversold. MACD is negative and only slightly converging, meaning any bounce is fragile.

If $1.60 breaks, liquidity opens toward the $1.20–1.35 demand zone. Manage risk, fade rallies.

AXSUSDT

Trajne ter. pog.

1.324

-2.28%