$AXS
Market Summary:
Heavy long liquidation indicates a strong flush, forcing leveraged buyers out aggressively. Market is transitioning into a reset structure.
Support Levels:
• 1.28 (liquidation support)
• 1.15 (strong demand zone)
Resistance Levels:
• 1.50 (immediate recovery level)
• 1.70 (next supply zone)
Bullish Scenario:
Above 1.50 → Target 1.70 then 2.00
Bearish Scenario:
Below 1.28 → Pullback toward 1.15
Market Insight:
Liquidation cascade shows sellers dominating short term, but exhaustion may lead to base formation.
AXS
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