$AXS saw a sharp dump from the 2.75–2.80 area and is now consolidating around 2.42 after breaking key support. The bounce from 2.35 is weak and looks like a pause, not a reversal. Sellers are still in control and any upside move is likely corrective. As long as AXS stays below 2.50, the structure favors further downside.
Short AXS
Entry Zone: 2.45 – 2.52
Stop Loss: 2.60
TP1: 2.30
TP2: 2.18
This is a scalp trade. Use 20x to 50x leverage with a 1% to 5% margin. Book partial profit at TP1 and move stop-loss to entry.
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AXSUSDT
Perp
1.923
-10.72%