$AXS /USDT Short Setup | Range Rejection

$AXS has faced a clear rejection from a local high, signaling weakening bullish momentum and pushing price back into its previous trading range. The failure to sustain higher levels increases the probability of a continuation move to the downside as sellers regain control.

Trade Plan:

Position: SHORT

Entry Zone: 2.55 – 2.68

Stop Loss: 2.85

Take Profit Targets:

TP1: 2.42

TP2: 2.25

TP3: 2.05

As long as price remains below the recent high, bearish structure stays intact. A breakdown below range support could accelerate downside momentum toward lower demand zones.

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AXSUSDT

Perp

2.851

+15.42%