$AXS Momentum Weakening — Short Setup Near Resistance📉

$AXS is showing signs of losing momentum after the recent upward move, suggesting a potential short-term pullback as selling pressure increases near the resistance area.

Trade Setup: SHORT

Entry Zone: 1.23 – 1.26

Stop Loss: 1.30

Take Profit Targets:

TP1: 1.20

TP2: 1.17

TP3: 1.14

Market Insight:

Price is approaching a resistance zone where selling pressure has previously appeared. The structure indicates a possible rejection if buyers fail to push above 1.25. A continuation of weakness could lead to a move toward the 1.20–1.14 support area.

Trade here👇🏻

AXS
AXSUSDT
1.218
+0.41%

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