$AXS

200 SMMA: The 200-period SMMA is positioned at approximately 4.883, which is above the current price of 4.370. This moving average acts as a resistance, indicating bearish sentiment as the price remains below it.

RSI (Relative Strength Index):

The RSI is at 35.62, which is in the lower range, reflecting a bearish sentiment. This level indicates that the asset is approaching oversold conditions, which could potentially lead to a reversal or short-term bounce.

MACD (Moving Average Convergence Divergence):

The MACD line is at -0.003, with the signal line at -0.096. The histogram reflects weak bearish momentum, showing that selling pressure is present but not overly aggressive.

Support and Resistance Levels:

Immediate Support: Around 4.200, which serves as a significant support level. A breakdown below this level could lead to further declines.Key Resistance: Around 4.883 (aligned with the 200 SMMA), acting as a significant resistance level. A breakout above this level may indicate a shift toward bullish sentiment.

Bullish Scenario: If AXS/USDT breaks above the 4.883 resistance level, it could target the next resistance around 5.200, signaling potential bullish continuation.

Bearish Scenario: Failure to hold above the 4.200 support level may lead to further declines, with the next support expected around 4.000.

Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a professional before making any investment decisions.