$AXS /USDT Bearish Breakdown in Play 💯 Confirmed
$AXS rejected sharply from $2.616 and is now dropping fast, currently at $2.556 on the 5m chart. The sudden sell-off shows weakness, with momentum favoring sellers.
If $2.550 support fails, further downside is likely.
Bearish Trade Setup:
Entry: $2.555 – $2.560
Target 1: $2.530
Target 2: $2.500
Target 3: $2.470
Stop Loss: Above $2.575
Market Insight:
Failure to hold $2.555 could accelerate the decline. Monitor for volume increase on the downside to confirm continuation.
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