$AXS 🚨
/USDT has printed a sharp bullish reversal after a prolonged downtrend, indicating a potential trend shift. The chart shows a clear V-shaped recovery from a strong demand zone, supported by impulsive bullish candles that signal aggressive accumulation. This move suggests sellers are exhausted and buyers have stepped in with strength.
Price has reclaimed a key short-term resistance, turning it into support. If the structure holds, continuation toward higher resistance zones is highly probable. Momentum favors bulls as long as the higher-low structure remains intact.
Targets
TP1: 2.80
TP2: 3.05
TP3: 3.40
Stop Loss
SL: 2.15
Risk Management
Risk a small portion of capital per trade, book partial profits at each target, and trail stop loss to breakeven after TP1 to minimize downside risk.
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