$AXS has experienced a slight decline of -0.819% over the last 24 hours.
The price traded between a high of 2.463 and a low of 2.381, indicating tight movements.
Currently, AXS sits at the lower Bollinger Band, suggesting potential volatility ahead.
The market overall is in a downtrend, which emphasizes weaker buying sentiment among traders.
Support at 2.381 may hold, but breaching this could lead to further declines.
Bitcoin's influence remains unclear, yet its unpredictable nature can affect market sentiment indirectly.
Traders should consider a short-term approach, given current volatility and the prevailing downtrend.
Key takeaway: Monitor AXS closely; a breach of support could signal deeper losses amidst broader market hesitation.
