SMCOIN(@SMCOIN)'s insights

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Rate your position in AXS:🔥 On fire! ➖ bought at the peak, now in a drawdown
💎 Catching the pullback! ➖ buying, believe in continued growth
🪂 Went short! ➖ pump is over, waiting for further decline
👁 Watching! ➖ waiting for the end of this volatility
$AXS 
AXSUSDT
Perp
2.445
+16.26%
#AXS  #Web3  #BTC  #crypto  #trading  

SMCOIN

AXS: crash after the hype? The price collapsed by 7.5%, but over the month +219%! ⤵️

The coin sharply dropped from $2.99 to $2.63 in a day. However, look at the dynamics: Over 30 days: +219% (insane growth). On the daily RSI: 70 (still overbought). On the 15m RSI: 21 (strongly oversold!)
What is happening?
Is this a correction after an incredible pump or the beginning of a complete reversal? On the 4-hour chart, the price is still above key EMAs, which may indicate the strength of the trend.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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