Thesis: $AXS Terminal Exhaustion | 1H Double Top at $2.45

Strategy: Tactical Short (Mean Reversion)

Pattern: 1H Double Top (Confirmed)

Invalidation: Reclaim of $2.50 (Psychological Resistance)

Targets: $2.15 | $1.98 (200D EMA) | $1.76

Bias: Bearish below $2.20. 📉

The $AXS parabolic rally has reached its limit. After a 2.5x expansion fueled by the January 7th SLP emission halt, the 1-hour chart has officially printed a Double Top at the $2.47 resistance. We are seeing a clear "Momentum Fade" as the second peak failed to attract new buying volume, followed by an immediate structural breakdown.

With the RSI at its highest level since July 2025, the risk of a "Long Squeeze" is critical. I am entering a market short to target the 200-day EMA reclaim zone.

AXS
AXSUSDT
1.262
+3.95%