$AXS
/USDT Technical Analysis & Trade Signal💯🔥
Current Trend:
Momentum: Bullish (Price increased by +7.40% in 24 hours).
Volume: Strong 24h trading activity ($8.71M in USDT).
Support Zone: $6.90–$7.00
Resistance Zone: $7.43 (breaking above this signals further upside potential).
Trade Signal:
Position: Buy on Breakout above $7.43 or pullback near $7.10.
Stop Loss: $6.85
Targets 🎯:
1. Target 1 (Short-Term): $7.65
2. Target 2 (Mid-Term): $8.00
3. Target 3 (Extended): $8.50
Momentum Indicators:
RSI: Rising, indicating strong upward momentum.
Moving Averages (MA): Price trending above 50-EMA, confirming bullish sentiment.
Caution: Monitor volume and key resistance levels for potential reversals. Always follow risk management principles.