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$AXS Signal】Hold Cash Waiting for Key Support Confirmation
$AXS Continued weak consolidation after breaking below EMA20, price action indicates a downward continuation rather than a confirmed reversal.
🎯Direction: Hold Cash (NoPosition)
Market Analysis: 4H chart shows consecutive bearish candles, weak buying pressure (Buy/Sell Ratio < 0.5), depth imbalance reaches 13.09% but price has not rebounded, indicating current buy orders are passive support rather than active accumulation. EMA20 (1.4619) has turned into a dynamic resistance.
Hardcore Logic: The key contradiction lies in the divergenc