$AXS
Current Position:
$AXS is currently priced around $1.11, showing continued weakness after rejecting from overhead resistance.
Market Structure:
The asset remains in a broader downtrend, though short-term exhaustion signals are beginning to form near current levels.
Future Projection:
A base formation above $1.05 could trigger a corrective move toward $1.30 – $1.45. Failure to hold $1.00 would likely lead to another leg lower before stabilization.