$AXS Short Liquidation Breakdown
Liquidation Size: $1,344.3 at $2.267
Market Overview:
$AXS has encountered a notable short liquidation, reflecting a surge in buying momentum.
Bulls appear to be reclaiming control, but caution is advised as volatility may persist.
Crucial Price Points:
Support: $2.200
Resistance: $2.300
Trend Analysis:
The bullish surge has gained traction, but a sustained push above resistance is necessary for further upside.
Conversely, a failure to maintain support could trigger a pullback.
Strategic Play:
Buy Entry: Above $2.300 on a confirmed breakout.
Sell Entry: Below $2.230 if price weakens, aiming for support.
Next Move: Monitor price behavior near resistance to capitalize on a breakout or short opportunity.
#USHouseMarketStructureDraft #USStablecoinBill #StrategicBTCReserve #PectraUpgrade #TradeStories