#AXS Short Liquidation Alert
Around $5.19K in short positions just got liquidated on AXS at $1.38495.
Bears were leaning short near this level, but price pushed up and triggered forced buybacks — adding short-term upside pressure.
What does this signal
This looks like a small short squeeze.
$5K isn’t large for AXS, but it shows shorts were stacked around the $1.38 zone.
When shorts get liquidated:
• It creates instant buying pressure
• Price can spike quickly
• Volatility increases
Now the key question:
Is this the start of momentum… or just a quick stop hunt above resistance?
What to watch next
• If AXS holds above $1.38, continuation toward $1.42 – $1.45 is possible.
• If price drops back below $1.38, we could see consolidation around $1.33 – $1.35.
The reaction at this breakout level is important.
Smart approach
• Don’t chase extended green candles
• Wait for pullback entries
• Watch volume for confirmation
• Keep leverage under control
Short liquidations can fuel upside — but sustained strength needs real buyers stepping in.
Do you see AXS building from here or fading after the squeeze
