AXS's recent performance is worth paying attention to. A daily chart shows a -10% volume-driven bearish candle, which is a typical bearish dominance signal. The price has broken below a key support zone, and with high trading volume, this indicates that it's not just a simple long liquidation but genuine selling pressure.
What is the current market situation? There is a lack of effective buying support, and market sentiment has turned pessimistic, which means the probability of an inertial decline is high.
If you are bearish on this wave of the market, you can consider this trading idea:
📍 Entry zone: 1.805 - 1.825 🛑 Hard stop-loss: 1.880 🎯 First target: 1.720 🎯 Second target: 1.650
Of course, this is just an observation based on the current technical analysis. Market changes happen quickly, and proper risk management is key to long-term stability.
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AirdropHunterWang
· 4h ago
Another bear trap? Looking at this data, it doesn't seem that simple.
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GateUser-cf39a2da
· 4h ago
VCS who are holding AXS can sell everything because it will drop much faster. The opportunity is now. I already sold all I had. I regret buying it. The luck is that it will go up, but I already sold at a loss. BYE BYE 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣. Trash tokens are useless, just for stealing.
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EarnMoreU
· 4h ago
Don't trust the people in the square; the market maker is bearish, but it's high risk. Bullish.
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FlashLoanLord
· 4h ago
AXS this wave is indeed quite fierce. With such strong selling pressure, it's really hard to take a position. It's better to wait until the signals are clearer before taking action.
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SerRugResistant
· 4h ago
Once again, it's dominated by the bears. Is this real or just talk again? It was said the same before.
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ser_ngmi
· 4h ago
axs has dropped again, I saw it coming early on. This wave of bears is indeed fierce.
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MetaEggplant
· 4h ago
The bearish signal is so obvious. Will this drop break 1.650?
AXS's recent performance is worth paying attention to. A daily chart shows a -10% volume-driven bearish candle, which is a typical bearish dominance signal. The price has broken below a key support zone, and with high trading volume, this indicates that it's not just a simple long liquidation but genuine selling pressure.
What is the current market situation? There is a lack of effective buying support, and market sentiment has turned pessimistic, which means the probability of an inertial decline is high.
If you are bearish on this wave of the market, you can consider this trading idea:
📍 Entry zone: 1.805 - 1.825
🛑 Hard stop-loss: 1.880
🎯 First target: 1.720
🎯 Second target: 1.650
Of course, this is just an observation based on the current technical analysis. Market changes happen quickly, and proper risk management is key to long-term stability.