$AXS - 1D CHART ANALYSIS
AXSUSDT is stabilizing near $1.50 after a high-volatility rejection from the $2.60–$2.80 liquidity zone erased breakout momentum. Structurally, price remains below the critical $1.83 reclaim threshold, keeping short-term bias tilted toward continuation lower. This compression phase suggests positioning reset before the next directional expansion.
If $1.83 is rejected again, downside targets align with the $0.90–$0.77 support cluster, where untested liquidity sits. A decisive reclaim above $1.83 would invalidate immediate bearish pressure and reintroduce rotation potential toward $2.33 supply. Current price behavior favors corrective consolidation within a broader down-impulse structure.
$AXS is approaching a decision zone: reclaim to reverse momentum, or reject and continue liquidity-driven downside expansion.