$AXS /USDT is trading at $1.395, down -2.1% intraday, following a $9.37K long liquidation at $1.40193 📉

On the 5m–15m timeframe, price shows a sharp downside wick through the liquidation level, followed by a weak bounce and lower-high consolidation—indicating sell-side control after longs were flushed.

📊 Key Levels

Support: $1.36 – $1.32

Resistance: $1.42 – $1.48

📈 24h Range & Volume

High: $1.47

Low: $1.35

24h Volume: $72.8M

📉 Order Book Insight

Asks are stacked near $1.42–$1.45, showing strong overhead supply, while bids are thinner around $1.36. This reflects bearish dominance with limited buyer absorption post-liquidation.

📊 Performance Snapshot

Today: -2.1%

7D: -5.8%

30D: +3.6%

90D: +9.4%

1Y: +22.7%

📈 Outlook

Bullish recovery requires reclaiming $1.42 with strong volume, signaling absorption of selling pressure and potential reversal toward $1.48+.

Downside risk increases if price loses $1.36 support, which could trigger a continuation toward $1.32–$1.28 zone.

Directional Insight: Short-term bearish structure, with liquidation-driven weakness suggesting further downside unless resistance is reclaimed.