$AXS /USDT is trading at $1.385, down -1.9% intraday, following a $4.90K long liquidation at $1.393 📉

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

📊 Key Levels

Support: $1.36 – $1.31

Resistance: $1.40 – $1.46

📈 24h Range & Volume

High: $1.44

Low: $1.34

24h Volume: $68.9M

📉 Order Book Insight

Asks are stacked near $1.40–$1.43, showing strong overhead supply, while bids are thinner around $1.36. This reflects bearish dominance with weak buyer absorption post-liquidation.

📊 Performance Snapshot

Today: -1.9%

7D: -6.2%

30D: +2.9%

90D: +8.7%

1Y: +21.4%

📈 Outlook

Bullish recovery requires reclaiming $1.40 with strong volume, signaling absorption of selling pressure and potential reversal toward $1.46+.

Downside risk increases if price loses $1.36 support, which could trigger a move toward $1.31–$1.26 zone.

Directional Insight: Short-term bearish bias, with liquidation-driven weakness suggesting further downside unless $1.40 is reclaimed decisively.