$AXS *AXS: Bearish Technical Structure đŹ*
AXS trades at $1.35 (-4.9%), below EMA25 and EMA99, with RSI-12 at 40.6, signaling weak momentum and sustained downtrend.
- Smart money dumps: top traders sold 2.5x more than bought; short whales hold 5.48M AXS at $1.4568 avg entry, now in profit
- Short-term consolidation: Bollinger Bands compress to $1.309-$1.426, indicating pending breakout; lack of buying favors downside
*Key Levels:*
- Support: $1.309
- Resistance: $1.378, $1.431, $1.46
*Trading Strategy:*
- Short-term: Favor downside below $1.378; watch for breakdown below $1.309
- Mid-term: Range-bound grind likely between $1.30-$1.46; use rallies to $1.43-$1.46 to enter shorts
- Long-term: Accumulation premature; wait for confirmed reversal above $1.46 and smart money long buildup
AXS
1.509
+10.46%