$AXS has seen a -7.516% drop in the last 24 hours, trading within the Bollinger Bands. Currently, prices are near the lower band (2.3718), suggesting potential support at 2.377. This signals a possible bounce back, though trading under pressure indicates the risk of further declines. Volatility appears to be contracting, indicating a potential breakout. Traders should consider placing a stop-loss just below 2.3718. Recommended action: set alerts for a bounce at support or reevaluate for a sell if breaking below 2.3718.

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