🚨$AXS got rejected at 3.00 and dumped hard.
Support at 2.20 failed — now price is testing the 2.00 zone.😬
AXS got hard rejected near the 3.00 resistance (marked on chart) and entered a strong bearish move.
That red zone acted as major supply, and once price failed to hold above it, sellers stepped in aggressively.
Key points for traders:
🔴 Rejection from resistance ≈ 3.00
🔴 Structure flipped bearish (lower highs + strong red candles)
🔴 Previous support around ~2.20 failed
🟢 Current price sitting near ~2.00 (psychological + minor support)
What I’m watching next:
➡️ If 2.00 breaks, next supports are around 1.80 – 1.65
➡️ If bulls defend 2.00, we may see a short relief bounce — but trend is still bearish unless price reclaims 2.30–2.40
Trading mindset:
✅ Don’t FOMO buys in a falling market
✅ Wait for confirmation (support hold or structure break)
✅ Trend is your friend — right now, trend = DOWN
