$AXS preparing for a decisive bullish continuation from key support
The 15-minute chart for $AXS shows a strong recovery following a sharp rally, with price now stabilizing above a critical support zone near 1.494. This consolidation phase is forming a bullish base, suggesting that the initial selling pressure has been absorbed by buyers looking to capitalize on the recent 32% gain. If this level holds, the exhaustion of the pullback likely sets the stage for a secondary impulsive move toward the previous high of 1.785.
Target 1: 1.620
Target 2: 1.705
Target 3: 1.788