📉 $AXS — Bounce Rejected, Supply Back in Control

$AXS failed to gain acceptance after the recent bounce, with sellers stepping in aggressively at resistance. The upside push stalled quickly, signaling that the move higher was corrective rather than a true trend reversal.

Momentum is rolling over again, and buyers are not defending higher levels. As long as this zone caps price, downside continuation remains the higher-probability scenario.

🔻 Short Trade Setup

Entry Zone: 2.25 – 2.36

Stop Loss: 2.42

Targets:

🎯 TP1: 2.12

🎯 TP2: 1.98

🎯 TP3: 1.82

Patience is key — let price reject resistance and follow through. Manage risk and avoid early entries.

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AXSUSDT

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