$AXS /USDT faced strong rejection from the upper resistance zone after a strong upward push, followed by a clear retracement showing a weakening of bullish momentum. The failure to stay above recent highs suggests that this move was more of a liquidity grab, and sellers are now pulling back. As long as the price remains below the rejected zone, a continuation to the downside seems likely.

Trade Setup
Entry: 2.18 – 2.22
Target 1: 2.05
Target 2: 1.92
Target 3: 1.80
Stop Loss: 2.32
{spot}(AXSUSDT)