📈 $AXS poised for a rebound? All eyes on key levels! 🔥

$AXS is showing signs of life after a prolonged downtrend, now trading at $4.61. The price has been holding steady above the $4.50 support zone, and it's creeping closer to the key resistance near $4.80. The 7-day and 25-day moving averages are close to a bullish crossover, hinting at a potential breakout!

Looking at the MACD, we’ve got a bullish signal forming with the histogram in positive territory. However, volume remains relatively low, suggesting that traders are still on the sidelines waiting for confirmation. If AXS breaks above $5.00 with strong volume, it could ignite a rally back to the $6.00 level. 🎯

On the flip side, if the bears manage to push AXS below $4.50, we might see a retest of the $4.00 zone, and the overall downtrend could resume. This is a make-or-break moment, and traders should keep a close watch on the volume and momentum indicators for any signs of a stronger move.

Keep your eyes peeled for action in the coming days—it’s bound to get interesting! 🚀