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.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.