SL last time đ sorry for your loss my traders. Let me try again.
đš $AXS Bearish Consolidation, I'd Short but monitor for oversold bounce
âą Price failed to break above Resistance 2.828 recently and is testing near Support 2.384.
âą K-line shows recent rejection at upper BOLL with long wicks 2.927 high candle, indicating selling at highs.
âą Recent 1h candles show elevated volume during price declines at 2.615 USDT, suggesting selling pressure. Volume spikes on down moves align with bearish momentum.
âą Strong outflows over 1H indicating institutional selling.
Entry short $AXS :
âą Ideal short entry near resistance: 2.60-2.65 after a pullback.
âą Alternatively, break below 2.384 (support level) with volume could trigger further downside.
Stop Loss: 2.68-2.72 if shorting at 2.60
Target Price $AXS
Primary: 2.17 (support level)
Secondary: 2.30 if momentum weakens.
Support me just Click below to Trade đ Cheers
If price holds above Support 2.384 and shows reversal signs , consider reducing short exposure.