$AXS $AXS
Current Price: $7.898 (-2.94%)
24-Hour Range: $7.618 (low) to $8.485 (high)
24-Hour Volume:💸
AXS: 2.49 million
USDT: 20.21 million
The price is under bearish pressure, trading near its MA(7) and below both MA(25) and MA(99), indicating short-term weakness.
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Entry Point:💰
$7.70 or lower: Ideal for entry if the price approaches support near the 24-hour low.
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Targets (Key Resistance Levels):
1. $8.129: Near the MA(25), a potential first target.
2. $8.485: The recent high and key resistance zone.
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Stop-Loss Levels:🦅
$7.618: Immediate support at the 24-hour low.
$7.574: Stronger support level to limit losses in case of extended selling.
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Moving Averages:🚀
MA(7): $7.790 (short-term support).
MA(25): $8.129 (resistance).
MA(99): $7.999 (longer-term support).
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Recommendation:🎁
Bullish Scenario: A recovery above $8.129 could lead to testing $8.485 and potentially higher.
Bearish Scenario: A drop below $7.618 would suggest further downside, with a stop-loss advisable at $7.574.
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