$AXS 1H Structure Update
Price is currently trading between $1.14 โ $1.15. It is holding above the critical support zone of $1.11 โ $1.12 while volume is currently fading (decreasing) at the resistance levels, suggesting the market is waiting for a breakout catalyst.
Bias: Bullish (Only if the $1.11 level holds and the candle closes above it).
Entry: $1.120 โ $1.140 (Entering during a slight pullback is preferred)
Invalidation (SL): $1.090 (Trade is invalid if the 1H candle closes below this level)
TP1: $1.220 (Immediate resistance)
TP2: $1.260 (Major breakout target)
Risk defined. Waiting for confirmation (RSI is currently neutral; a push above 60 would confirm the momentum).
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