$AXS had a strong pump earlier, but now the momentum is cooling off and price is sliding along a support trendline.
A bounce from this area is possible, but honestly the probability looks weak. Sellers are still in control for now.
I’m leaning bearish in the short term — short setups make more sense until price reaches the major support zone around $0.74 – $0.85. After that area, reaction will decide the next big move.
Stay patient and let the market confirm before flipping bias.
