Trading heavy under all MAs. Price consolidating near 24h low, momentum strongly bearish. Key support at 1.79. A break below that and we target 1.36. Need a reclaim above MA5 at 1.87 to slow the bleed. Resistance stacked overhead starting at 1.95. Risk of breakdown high here, only hunting a bounce off support. Tight stop.
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$AXS
Trading heavy under all MAs. Price consolidating near 24h low, momentum strongly bearish. Key support at 1.79. A break below that and we target 1.36. Need a reclaim above MA5 at 1.87 to slow the bleed. Resistance stacked overhead starting at 1.95. Risk of breakdown high here, only hunting a bounce off support. Tight stop.
• Entry Zone: 1.80 - 1.84
• TP1: 1.95
• TP2: 2.02
• TP3: 2.15
• Stop-Loss: 1.68
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