【$AXS Signal】Long Position Breakout with Accelerated Volume
After a 27% volume breakout, the price action indicates a strong bullish dominance, with open interest rising simultaneously. This is a typical sign of main capital inflow rather than mere short covering.
The massive increase in volume has effectively cleared liquidity above, shifting market psychology from hesitation to FOMO. The price did not undergo a deep retracement after breaking out, indicating strong buying absorption and effective digestion of selling pressure. The current structure is healthy and upward-driven; as long as the price remains above the breakout zone, momentum is expected to continue.
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【$AXS Signal】Long Position Breakout with Accelerated Volume
After a 27% volume breakout, the price action indicates a strong bullish dominance, with open interest rising simultaneously. This is a typical sign of main capital inflow rather than mere short covering.
🎯 Direction: Long
🎯 Entry: 2.15 - 2.20
🛑 Stop Loss: 1.98 $AXS Rigid Stop Loss (
🚀 Target 1: 2.45
🚀 Target 2: 2.70
The massive increase in volume has effectively cleared liquidity above, shifting market psychology from hesitation to FOMO. The price did not undergo a deep retracement after breaking out, indicating strong buying absorption and effective digestion of selling pressure. The current structure is healthy and upward-driven; as long as the price remains above the breakout zone, momentum is expected to continue.
Trade 👇 )
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