$AXS made a strong expansion from the 1.78 area and tapped the 2.10–2.14 resistance zone, but price failed to hold above the highs and started pulling back. The rejection from resistance was followed by weaker follow-through, showing momentum cooling after the sharp spike. Current candles are forming lower highs, which often appears when buyers step back and profit-taking increases.

As long as price remains below the 2.05–2.10 resistance zone, a move back toward the lower range is possible. This setup is based on rejection after a fast move up and focuses on a short-term pullback rather than a full trend change. A strong reclaim and hold above resistance would invalidate this setup.

Scalp Trade Plan

Direction: Pullback after resistance

Entry Zone: 2.05 – 2.14

TP1: 1.96

TP2: 1.82

Stop Loss: 2.22

Leverage: 20x – 50x

Margin: 1% – 3%

Risk Tip: Book partial profit early and shift stop-loss to entry.

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AXS
AXSUSDT
2.154
+2.08%