📉 $AXS The "Pump" is running out.
Who's getting ready to Short? 🐻

After a vertical rally of +41%, $AXS is hitting extreme exhaustion levels. The green candlesticks are tempting, but experienced traders know that the faster the rise, the more violent the drop can be. 🩸

Here’s my thesis for looking for a short entry:
🛑 Resistance Points (Reversal Zones):
$1.76 - $1.78: The price has already shown significant rejection wicks here. It’s a "bull trap" zone where buying volume is starting to wane.

$1.82 (Suggested Stop Loss): If the price breaks and consolidates above this, the bearish thesis is invalidated, but for now, gravity rules.

📉 Confirmations I'm waiting for:
Bearish divergence on RSI: Price is rising, but strength is fading.
Break of the EMA(7): As soon as we lose $1.57, the door opens for a quick correction.

🎯 Take Profit:
First target: $1.48 (Technical support).
Extended target: $1.40 (Healthy pullback of the movement).
It's not about guessing the top, but waiting for the trend to break. Patience pays! 💸

{future}(AXSUSDT)