AXS/USDT Analysis
🚀 AXS BLAST OFF! But Don't FOMO Yet.
Just checked the $AXS chart and wow, a pump of +69% in 24 hours! But before you rush in, here’s a simple analysis for you:
📈 TECHNICAL FACTS:
· All timeframes (15m, 1H, 4H, 1D) are BULLISH
· BUT RSI is already severely OVERBOUGHT (RSI 6: 90-97!)
· Breakout confirmation on the 1-Day timeframe
🎯 STRATEGY:
✅BEST OPPORTUNITY: LONG on CORRECTION
❌DON'T SHORT - Trend has changed
⏳WAIT FOR PULLBACK to the $1.75-$1.85 area
📰 FUNDAMENTAL DRIVERS:
· Changes in tokenomics & roadmap 2026
· Staking treasury approved by the community
· Volume increased by 1,600%
💡 CONCLUSION:
Strong BULLISH momentum, but RSI is very overbought. Don't buy at the peak! Wait for a correction for a safer entry.
Target: $2.40-$2.60
Stop Loss: $1.65
For those who have held from the bottom, hold or take profit gradually. For those looking to enter, be patient and wait for a pullback!
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Who has already entered at what price? Comment below! 👇