š» $AXS ā upside capped, distribution showing up
Momentum looks heavy here. Failed follow-through + supply overhead = sellers in control.
š SHORT SETUP ā $AXS
šÆ Entry Zone:
⤠2.90ā 2.85
š Stop Loss:
⤠2.95
šÆ Take Profit Targets:
š„ TP1: 2.66
š„ TP2: 2.47
š„ TP3: 2.15
š Market Read:
⢠Rejection from resistance
⢠Buyers losing strength
⢠Clean downside targets lined up
ā ļø Scale out at each TP, protect capital first.
Trade smart ā let patience do the work. š»š
