🔥$AXS Bullish with short-term pullback risk
• Price rejected the 24H high 2.719 and is consolidating near Resistance level 2.747
• Immediate support at 2.508 aligns with MA20, acting as a critical level for bulls.
• A break above resistance level 2.747 could accelerate gains toward next resistance at 2.833
Entry Long $AXS : 2.52–2.55 USDT (near Support level/MA20 support)
Stop-Loss: 2.42 USDT (accounting for ATR=0.0856)
Take-Profit :
•TP1: 2.750
• TP2: 2.830
Alternative Scenario $AXS :
If price breaks below Support level 2.508 with high volume, postpone long entry and watch for retest of lower support at 2.355
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While short-term overbought signals (RSI, KDJ) suggest pullback risk, the alignment of MA/MACD bullishness, strong contract inflows, and consolidation above key support supports a bullish bias. Use dips to enter long with strict stops.