After retesting the ~$2.0 demand zone, 
AXSUSDT broke out of its recent downtrend and could be headed for an attempt to reclaim the ~$4.0 S/R.
Key Levels to Watch
• ~$2.0: Demand zone dating back to May 2021, and current support. Any sustained break below it would invalidate any bullish TA.
• ~$4.0: Previous multi-year key support, and likely a strong resistance. Reclaiming it would flip the bias to bullish. It also aligns with the 200-day EMA, which has been very relevant for AXS in the past.
• ~$13.0: Multi-year S/R, and a reasonable target if ~$4.0 is reclaimed.
Still in a No-Trade Zone for me, until ~$4.0 is successfully reclaimed.
AXSUSDT broke out of its recent downtrend and could be headed for an attempt to reclaim the ~$4.0 S/R.Key Levels to Watch
• ~$2.0: Demand zone dating back to May 2021, and current support. Any sustained break below it would invalidate any bullish TA.
• ~$4.0: Previous multi-year key support, and likely a strong resistance. Reclaiming it would flip the bias to bullish. It also aligns with the 200-day EMA, which has been very relevant for AXS in the past.
• ~$13.0: Multi-year S/R, and a reasonable target if ~$4.0 is reclaimed.
Still in a No-Trade Zone for me, until ~$4.0 is successfully reclaimed.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.