I’m telling everyone that $AXS just printed a short liquidation at $2.128 with $3.79K wiped, and that shows late sellers were caught in a trap. I have checked momentum and they are clearly struggling to push price back into the lower range, which suggests downside pressure is weakening for now. This is why you need to be careful here, the structure still looks fragile but my analysis says a bounce is still possible once panic fades and price stabilizes.

EP: $2.128

TP1: $2.18

TP2: $2.26

TP3: $2.35

SL: $2.05

If you want to trade this, wait for price to calm down near entry instead of jumping in blindly.

$AXS #GrayscaleBNBETFFiling #ETHMarketWatch #WhoIsNextFedChair