$AXS – Last POI Bounce Setup
Timeframe: 1H
Bias: Long
AXS has already seen a heavy sell-off and reacted from a key demand/support zone around 1.64–1.70. Price is currently attempting a bounce from this area. If buyers manage to defend this zone, a short-term upside move is likely.
This is strictly a bounce trade, not a trend reversal, as the higher-timeframe trend remains weak.
Trade Plan
Entry Zone: 1.71 – 1.74 (current demand)
Stop Loss: Below 1.64
Targets:
TP1: 1.90
TP2: 2.00
TP3: 2.08
Clear invalidation below support. Manage risk accordingly and don’t overstay the move.
Perp 📉📈