$AXS has shown a sharp bullish impulse from the $1.00–$1.15 demand zone, followed by a healthy pullback after the vertical expansion.

The recent retrace appears corrective rather than a full trend reversal, as price is currently holding above prior demand.

The $1.20–$1.30 region remains a key support area. As long as AXS holds this zone, buyers retain short- to mid-term control. A sustained bounce from here could open the door for a continuation move toward the $2.00–$2.50 resistance range, which aligns with previous supply and rejection zones.

Failure to hold demand, however, would expose price to deeper retracements toward the lower $1.00 region. #AXS

AXS

1.358

-6.08%