$AXS appears to have confirmed an upside breakout from the extended sideways range on the 4H chart, with price now pushing into the 1.53 zone.

The key breakout level around 1.2799 seems to have been cleared, and the momentum behind this move looks strong. That said, the RSI is heavily overbought at 91.97, which increases the chances of a sharp short-term pullback before any further continuation.

Key Levels to Watch:

Support: 1.2799 / 1.2099

Resistance / Targets: 1.5410 / 1.6500

4H Funding: -0.15831%

RSI: 91.97

The big question now is whether price continues higher from here or first retraces back toward the 1.28 support zone for a healthier reset.

NFA — just watching the structure and momentum closely.

#TetherFreezes $344MUSDTatUSLawEnforcementRequest #CanTheDeFiIndustryRecoverQuicklyFromAaveExploit?