$AXS Technical Outlook — Bounce Stalling (Short Setup)
$AXS is showing signs of exhaustion on the rebound, with sellers stepping back in on strength. Upside pushes are failing to hold, indicating weak buyer commitment and increasing supply pressure.
Momentum is turning lower as rallies continue to get sold into, favoring downside continuation if sellers remain active.
Trade Setup (Short):
• Entry Zone: 1.42 – 1.48
• Stop Loss: 1.55
Targets:
• TP1: 1.33
• TP2: 1.24
• TP3: 1.15
Bearish continuation remains favored while price stays below resistance.
AXSUSDT
Perp
1.408
-5.37%