$AXS — Rejection Zone in Play, Short Bias 📉
$AXS A clear rejection has been seen near the key resistance area. The price is not able to sustain at higher levels and the momentum seems weak, indicating that sellers are active in this zone. As long as the price remains below the rejection range, the setup favors downside continuation.
Trade Setup (Short):
Entry Zone: 1.54 – 1.58
Stop Loss: 1.63
Targets:
• TP1: 1.47
• TP2: 1.41
• TP3: 1.35
When using leverage, risk control is essential — strictly follow the plan if the structure invalidates.
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AXSUSDT
Perp
1.387
-5.90%