$AXS — the upside extension is starting to look tired, and sellers are leaning back in.

SHORT $AXS

Entry: 2.90 – 2.95

Stop Loss: 3.07

TP1: 2.80

TP2: 2.72

TP3: 2.68

The push higher couldn’t hold acceptance, and follow-through is already fading. Upside attempts are getting absorbed instead of expanded, while momentum is rolling over after the extension. Buyers pushed, but they’re no longer in control.

This reads as distribution into resistance, not strength. As long as this zone continues to cap price, a pullback remains the cleaner path.

Trade $AXS here 👇

AXSUSDT

Perp

1.93

-20.80%