$AXS

/USDT Technical Analysis & Trade Signal💯🚀🚀🚀🔥🔥🔥

Current Price: $6.26

Market Trend: Mildly Bullish (+1.72%)

24h Range: $5.867 - $6.347

24h Volume: 19.27M USDT

Technical Analysis:

RSI (Relative Strength Index): 60 (Approaching neutral, showing moderate buying pressure)

Moving Averages: 50 EMA above the 200 EMA, indicating a bullish short-term trend

Support Level: $5.87 (near the 24h low)

Resistance Level: $6.35 (near the 24h high)

MACD: Bullish crossover suggests continuation of upward momentum

Trade Signal:

Trade Type: Bullish

Entry Point: $6.26 - $6.28

Stop Loss: $5.87 (below the 24h low support)

Trade Momentum: Mild bullish momentum with potential continuation towards higher levels

Target Levels:

1. Target 1: $6.40 (Strong resistance zone, likely to face a slight pullback)

2. Target 2: $6.50 (Mid-term bullish target, breaching resistance)

3. Target 3: $6.70 (Final target, where bearish reversal could occur)

Conclusion:

The market is showing moderate bullish momentum, and with a good entry at $6.26, there’s potential for a rise towards $6.50-$6.70. Watch for any signs of a pullback at resistance levels for timely exits.

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