After reaching the level of $13, $AXS is still decreasing in a descending channel.
The break of the $6,850-$6,450 support level pushed the price towards the next support in the $3.850-$4.100 area.
Currently at the support level of this downward channel, AXS is showing signs of recovery, the speed of the downward trend is still decreasing, and the price may begin to spike towards $6 to $8 and above if support holds.
