🚨 $AXS /USDT ALERT: Approaching Critical Resistance – Prepare for the Next Move! 🚨
$AXS is currently trading at $9.601, up 3.15%, with a 24-hour high of $9.639 and a low of $8.313. The price is consolidating near key resistance levels, signaling a potential breakout or retracement.
Key Levels to Monitor:
1️⃣ Resistance at $9.881 – A breakout above this level could drive AXS toward the next targets of $10.200 and $11.000.
2️⃣ Support at $8.770 – Holding this level is crucial to sustain the bullish trend. A drop below may lead to a pullback toward $8.300.
3️⃣ Target at $11.000 – If bullish momentum continues, $11.000 could act as a significant psychological resistance and a potential profit-taking zone.
Trade Setup:
Long Entry: Look for a confirmed breakout above $9.881 with upward targets at $10.200, $11.000, and $12.000. Set a stop-loss at $8.750 to manage downside risks.
Short Entry: If AXS falls below $8.770, consider shorting with targets at $8.300, $7.500, and $7.000.
⚠️ Risk Note: AXS is showing signs of high volatility. Use tight stop-losses and monitor price action closely to adjust positions accordingly.