$AXS
/ USDT – Market Update 🎮
Current Price: 1.567
Sentiment: Neutral-to-Bearish (Short-term)
$AXS is showing signs of exhaustion after its recent climb. We are seeing a string of small red candles at the local peak, signaling that momentum is fading and selling pressure is starting to outweigh buyer interest.
📉 Bearish Outlook
If the bulls can’t defend the current levels, expect a deeper pullback toward the psychological 1.50 zone. The lack of volume on this move suggests the path of least resistance is currently down.
🛡️ Key Levels
Support Zone: 1.54 – 1.50
Resistance Zone: 1.60 – 1.65
🎯 Trade Setup
Take Profit 1 (TP1): 1.54
Take Profit 2 (TP2): 1.50
Stop Loss (SL): 1.66
Bottom Line: A sustained hold above 1.54 is mandatory for any hope of stabilization. A clean break below that level likely triggers a fast move to the 1.50 support.
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