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$AXS AXS is currently moving in a slow correction phase after a recent drop. Price is holding above a short-term support zone, which shows sellers are losing some strength. Volume is also cooling down, so the market is waiting for a clear direction.
Short-Term View (1H – 4H)
On the lower timeframes, price is consolidating in a narrow range. This usually means the market is preparing for a move. If buyers step in, a small rebound toward the nearest resistance is possible. If support breaks, price may retest the lower demand zone.
Mid-Term View (1D)
From a broader view, AXS is still trading below key moving averages. That means the trend is weak, but not fully broken. A strong daily close above resistance could shift sentiment from bearish to neutral.
Key Levels to Watch 👀
Support: around 1.72 – 1.70
Resistance: around 1.85 – 1.95
Future Outlook (Personal Opinion)
Holding above support → slow recovery and range move
Breakdown below support → another dip before buyers return
Break above resistance with volume → short-term trend reversal
This is only a personal market view, not financial advice. Always manage risk and trade responsibly.