#AXSis testing a resistance level as support that could continue to grow until the next resistance level if it successfully breaks through this 6.20-6.30 level.
If#AXSmanages to break the ➡️ 6.500-6.300
➡️ supply level on the daily chart and closes above it, it will show an upside confirmation, indicating the continuation of the upward movement towards the resistance zone and fibo targets!
🤓 We are all smart enough to see that we are moving sideways out of a daily descending wedge, we are already above a 4-hour ascending triangle, we have gained support above its horizontal resistance region. 🔥🔥🔥🔥🔥🚀🔥🔥🔥🔥🔥
If the price fails to break the current resistance level, there may be a possible return to lower levels, and the price may fall to the demand area of like 5,400.
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