🔴$AXS

AXSUSDT

Perp

1.097

+6.40%

BEARISH TECHNICAL ANALYSIS – DOWNSIDE PRESSURE BUILDING

$AXS is showing signs of weakness after failing to sustain momentum near the 1.137 resistance zone. Price is forming lower highs and struggling to hold above immediate support, indicating that sellers are gaining control. A break below 1.102 could trigger further downside toward key support levels.

TECHNICAL OUTLOOK

• Rejection near 1.137 resistance highlights weakening buyers.

• Lower highs on intraday charts confirm bearish momentum.

• Breach of 1.102 support may accelerate the downward move toward 1.018.

TARGET LEVELS

• TP1: 1.050

• TP2: 1.018

• TP3: 1.000

STOP LOSS

• SL: Above 1.140 resistance zone

RISK MANAGEMENT

Risk 1–2% per trade, maintain strict SL, and avoid overleveraging during volatile conditions.

#BearishSetup #CryptoAnalysis #AXSUSDT