【$AXS Signal】Long Position: Healthy Reset After Breakout with Volume Surge
$AXS After a single-day surge of 36.7%, the price is cooling off and consolidating at high levels. This is a typical healthy reset after a breakout, not a top pattern. The simultaneous increase in volume and price, along with rising open interest, indicates institutional participation rather than mere short-term selling pressure.
🎯 Direction: Long
🎯 Entry: 2.50 - 2.58
🛑 Stop Loss: 2.38 ( Rigid Stop Loss )
🚀 Target 1: 2.85
🚀 Target 2: 3.10
$AXS After a massive bullish candle, the price consolidates above the breakout zone, signaling strength. The market shows buying interest absorbing short-term profit-taking selling pressure, with shallow pullbacks and no follow-through selling. As long as the price holds above the breakout confirmation zone near 2.50, the market structure remains bullish, paving the way for the next upward push.
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【$AXS Signal】Long Position: Healthy Reset After Breakout with Volume Surge
$AXS After a single-day surge of 36.7%, the price is cooling off and consolidating at high levels. This is a typical healthy reset after a breakout, not a top pattern. The simultaneous increase in volume and price, along with rising open interest, indicates institutional participation rather than mere short-term selling pressure.
🎯 Direction: Long
🎯 Entry: 2.50 - 2.58
🛑 Stop Loss: 2.38 ( Rigid Stop Loss )
🚀 Target 1: 2.85
🚀 Target 2: 3.10
$AXS After a massive bullish candle, the price consolidates above the breakout zone, signaling strength. The market shows buying interest absorbing short-term profit-taking selling pressure, with shallow pullbacks and no follow-through selling. As long as the price holds above the breakout confirmation zone near 2.50, the market structure remains bullish, paving the way for the next upward push.
Trade here 👇 $AXS
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