The AXSUSDT 4-hour chart indicates a significant bullish breakout from a descending triangle pattern, typically a continuation pattern but here suggesting a reversal.
The price has breached the upper trendline of the triangle, signaling a potential upward movement.
The target for this breakout is set at approximately $9.40, as depicted by the green highlighted zone.
This target aligns with previous resistance levels observed in early April. The overall bullish momentum is supported by increasing volume, indicating strong buying interest.
The price has breached the upper trendline of the triangle, signaling a potential upward movement.
The target for this breakout is set at approximately $9.40, as depicted by the green highlighted zone.
This target aligns with previous resistance levels observed in early April. The overall bullish momentum is supported by increasing volume, indicating strong buying interest.
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