AXS futures performance recently has been worth paying attention to. Multiple cycles are confirming bullish signals, but there are still some nuances in the details.
Looking at the cycle data: the 15-minute RSI is at 58.6, which is neutral leaning strong; the 1-hour RSI is healthy at 57.4, but the MACD histogram is shrinking, indicating a slight slowdown in momentum; the 4-hour timeframe is truly strong, with RSI directly at 67.6, confirming a strong zone, and the trend support is very solid.
Trading volume has surged by 99%, which is crucial—volume supports the price, indicating serious buying interest. But whether this can be sustained depends on subsequent performance.
Regarding position: currently supported at 2.07 intraday. The targets above are 2.15 and 2.25, with support below at 2.00 and 1.92.
My trading approach is as follows: if it truly breaks above 2.10, I will go long, entering at 2.11, aiming for 2.25, with a stop-loss at 2.02. If it reverses and breaks below 2.00, I will switch to a short position, watching 1.92, with a stop-loss at 2.05. The range between 2.00 and 2.10 will be observed first, waiting for confirmation of the direction before acting.
My personal choice is to go long after breaking 2.10, entering at 2.11, with a stop-loss below 2.02, targeting 2.25. The core logic remains volume and price rising together; once the level is broken, stop immediately and avoid emotional trading.
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Midodo
· 8h ago
Be careful of false signals to attract buyers and then dump, causing a market crash. The overall market has been declining.
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OldLeekConfession
· 8h ago
A 99% surge in volume is indeed a top, but it still depends on whether it can hold. If this wave breaks 2.10, then jump in; otherwise, just watch and wait.
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ruggedSoBadLMAO
· 8h ago
The simultaneous rise in price and volume looks solid, but the 2.10 hurdle really needs to be broken through; otherwise, it's just a fake breakout.
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Blockchainiac
· 8h ago
The detail that trading volume surged by 99% is interesting; be careful not to be fooled into a false breakout.
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Rugman_Walking
· 8h ago
The 99% level is really intense, but can we really break through the 2.10 barrier? I'm a bit unsure.
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GweiTooHigh
· 8h ago
Price and volume rising together is indeed attractive, but whether this wave can reach 2.25 depends on subsequent developments. 2.10 is the key level.
AXS futures performance recently has been worth paying attention to. Multiple cycles are confirming bullish signals, but there are still some nuances in the details.
Looking at the cycle data: the 15-minute RSI is at 58.6, which is neutral leaning strong; the 1-hour RSI is healthy at 57.4, but the MACD histogram is shrinking, indicating a slight slowdown in momentum; the 4-hour timeframe is truly strong, with RSI directly at 67.6, confirming a strong zone, and the trend support is very solid.
Trading volume has surged by 99%, which is crucial—volume supports the price, indicating serious buying interest. But whether this can be sustained depends on subsequent performance.
Regarding position: currently supported at 2.07 intraday. The targets above are 2.15 and 2.25, with support below at 2.00 and 1.92.
My trading approach is as follows: if it truly breaks above 2.10, I will go long, entering at 2.11, aiming for 2.25, with a stop-loss at 2.02. If it reverses and breaks below 2.00, I will switch to a short position, watching 1.92, with a stop-loss at 2.05. The range between 2.00 and 2.10 will be observed first, waiting for confirmation of the direction before acting.
My personal choice is to go long after breaking 2.10, entering at 2.11, with a stop-loss below 2.02, targeting 2.25. The core logic remains volume and price rising together; once the level is broken, stop immediately and avoid emotional trading.