🚀 AXS/USDT – Is it gearing up for a breakout from the wedge pattern?
📍 Current Price: ~$2.86
⏱️ Time Frame: 4 hours / Daily
🧠 Price Behavior:
The coin recently bounced off the 50 moving average at ~$2.50, indicating early buyers entering.
Clear formation of a descending wedge pattern gradually tightening… a traditional signal for an upcoming breakout.
Long lower wicks around $2.70–$2.75 indicate that whales are scooping the bottom!
Any clear breakout above $2.90 with increased volume will serve as confirmation of a trend reversal.
🎯 Key Levels:
Entry Zone: upon breakout above $2.90–$2.95 with strong momentum
Key Support: $2.70
Targets: $3.40 then $3.60, extending towards $4.20 if momentum continues
