$AXS is experiencing a slight decline of -1.007% over the past 24 hours.
The price has oscillated between a low of 2.199 and a high of 2.291.
Currently, it sits at the lower Bollinger Band, indicating potential support at 2.199.
The overall market trend remains bearish, suggesting weakness in the price action.
Macroeconomic factors like inflation uncertainty and regulatory concerns may further exacerbate volatility.
Bitcoin's current undefined correlation implies limited influence on AXS's movements.
Traders may consider a short-term approach, capitalizing on volatility while remaining cautious.
Key takeaway: AXS is at a stalemate, but close to support; watch for any reversal signals.
