$AXS /USDT – Big Move Ahead?
Current Price: 0.980
24H Change: +2.40%
AXS has shown a clean bounce from the 0.941 support zone and is now consolidating just below the 0.99 resistance. After the sharp recovery, price is holding higher lows, which indicates buyers are still in control.
On the 1H timeframe, bullish candles and steady follow-through suggest momentum is building. The rejection from 0.989 was expected, but the key point is that price did not break down, instead it is stabilizing near resistance — a classic bullish continuation sign.
Trade Setup
Entry Zone: 0.970 – 0.980
Target 1: 1.000
Target 2: 1.035
Target 3: 1.080
Stop Loss: 0.945
Technical Outlook
Support: 0.95 – 0.96 (strong demand zone)
Resistance: 0.99 – 1.00 (breakout trigger)
Structure: Higher highs and higher lows on lower timeframes
Momentum: Bullish as long as price holds above 0.95
A clean break and hold above 1.00 with volume can open the door for a continuation rally toward the higher targets. Failure to hold 0.95 would invalidate the setup and shift momentum back to consolidation.
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