$AXS is moving inside a clear range right now After the push to 1.65 price faced strong selling which makes 1.60 to 1.65 a major resistance zone Every time price goes near this area sellers step in
On the downside 1.38 to 1.40 is acting as solid support Buyers defended this level multiple times showing demand
As long as AXS holds above 1.40 bounce chances stay strong A clean break above 1.65 can open move toward higher levels While losing 1.38 may bring more downside pressure