Gracias tío

Here’s a detailed technical analysis for the $AXS /USDT pair with three target levels and trade momentum:


AXS/USDT Technical Analysis:

1. Current Price: $9.426
2. 24h High: $9.881
3. 24h Low: $7.618

Key Support and Resistance Levels:

Support Levels:

$8.00: Key psychological level and strong support from previous low.

$7.60: Recent 24-hour low, acting as another strong support.

Resistance Levels:

$9.88: 24h High, a major resistance zone.

$10.50: Potential resistance if the price breaks through $9.88, likely due to a previous price swing high.

Trade Targets:

1. First Target (T1): $9.88

Based on the recent 24-hour high. Watch for a break above this level for further bullish momentum.

2. Second Target (T2): $10.50

If the price pushes above $9.88 and maintains bullish momentum, $10.50 can be an ideal target based on previous price action.

3. Third Target (T3): $11.00

A more aggressive target if the momentum continues after breaching $10.50.

Trade Momentum:

Bullish Momentum:

A breakout above $9.88 could trigger strong bullish momentum, especially if the buying volume remains high.

The RSI (Relative Strength Index) should be monitored for any overbought signals near $9.88 and $10.50.

Bearish Momentum (Risk of Reversal):

If AXS fails to break above $9.88, it could face rejection and reverse.

Watch for a pullback towards $8.00, which could act as support, or further downside if $8.00 is breached.

Trade Signal:

Buy Signal:

Entry: $9.50 (after a confirmed break above the $9.42 resistance level).

Stop-Loss: $8.50 (to protect from a false breakout).

Take-Profit: $9.88 (first target), then $10.50 (second target), and $11.00 (third target).

Sell Signal (if bearish momentum picks up):

Entry: Below $8.00 (if a bearish breakout occurs).

Stop-Loss: $9.00

Take-Profit: $7.60 (next major support level).

Trade Strategy:

For Bulls: Consider entering the trade after a confirmed break above $9.50 with clear buying signals, aiming for $9.88, $10.50, and $11.00 as potential take-profit levels.

#MicrosoftBTCInvestmentVote