Massive Short Trade on AXSUSDT – Full Breakdown & Technical Analysis

While the crowd was bullish, I spotted the reversal — and this 50x short position on AXSUSDT turned into one of my most profitable trades to date!

Trade Snapshot:

Pair: AXS/USDT Perpetual

Position: Short

Leverage: 50x (Isolated)

Entry Price: 21.5328

Mark Price: 2.6615

Margin Used: $520.70

Position Size: $4011.40

Unrealized PNL: $23,852.11

ROI: +34,628.98%

Liquidation Price: 21.7793

Margin Ratio: 0.08%

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Technical Analysis Behind the Trade:

1. Distribution Zone Identified:

Around the $21–22 range, AXS showed clear distribution patterns with weakening momentum, signaling a potential trend reversal (based on Wyckoff theory).

2. Bearish Divergence on RSI:

While the price was making higher highs, RSI showed lower highs — a classic bearish divergence setup.

3. Breakdown Confirmation:

Once AXS broke its local support level with strong selling volume, it confirmed a bearish trend. I waited for a retest before entering my short position for optimal risk-to-reward.

4. Risk Management:

Stop-loss was placed above $22.10 (above the liquidation level), ensuring controlled downside. Target was set around $2.5–3.0, a historical support zone.

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Key Takeaways:

Understand market structure and don't rely solely on indicators

Price action + volume = high conviction setups

Leverage magnifies gains and losses, use it only with strict strategy

Risk management is the real edge in trading

Disclaimer:

This post is for educational purposes only and not financial advice.

If you're in the trading game, remember: patience, discipline, and smart risk control will always win in the long run.

Would love to hear your thoughts — have you ever caught a similar trade?

#AXSUSDT #LeverageTrading #TechnicalAnalysis #RiskManagement #ShortTrade