$AXS
A long liquidation occurred at $1.209, signaling that leveraged buyers were forced out during a downside move. The rejection near resistance and the liquidation event suggest the market used the brief upside to trap late longs before continuing lower.
EP: $1.20 – $1.22
TP1: $1.15
TP2: $1.11
TP3: $1.06
SL: $1.27
The prevailing structure remains bearish as price continues to print lower highs. Momentum indicators show declining buying pressure following the liquidation cascade. Liquidity sits below $1.15, creating a natural downside target for continuation.
AXSUSDT
Διην.
1.242
+0.56%
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