🚀🚀🚀AXS RALLYING 20% – IS THIS A TECHNICAL RECOVERY OR A REAL REVERSAL?
$AXS just had a pump of nearly +20% in 1 day, current price around 1.48 USDT, with a spike in volume after a long period of being clinically dead.
Looking at the chart:
The price has surpassed MA7, MA30, MA50, MA89 → clear short-term recovery signal
Volume exploded after many months of depletion → real money is coming in, not just a dead cat bounce
However: MA200 at ~1.79 and MA365 at ~2.44 still weigh heavily from above
👉 What does this mean?
This is not a long-term uptrend yet
This is a technical recovery in a major downtrend
📌 Important levels:
1.50 – 1.55: near resistance, may experience strong fluctuations
1.75 – 1.80: critical zone (MA200)
Failing to break → just a recovery to unload
Breaking and holding → the AXS story could really change
🔥 Controversial scenario:
Short-term traders: Have the right to FOMO, as the short trend is supportive
Long-term holders: There is still no reason to go all-in, as the overall structure remains bearish
❗ Question for everyone: Is AXS recovering to exit positions or starting a new cycle?👉 If it surpasses 1.8, would you dare to buy back, or still see this as a bull trap?
Comment your opinion directly, don’t sit on the fence.
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