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$AXS AXS is under pressure right now. After failing to hold above the 2.00+ zone, price has been slowly grinding down and is currently trading around 1.77. Selling looks controlled, not panic — but buyers are clearly cautious.
Volume has also cooled, which usually signals a slow decision phase.
🔍 Short-Term View (15m – 1h)
Price is below short EMAs, showing bearish control
Momentum indicators are weak but not deeply oversold
1.70–1.72 is the nearest support zone to watch
A reaction from this area would be normal.
⏳ Mid-Term View (4h)
Trend is slightly bearish
EMA resistance sits around 1.85–1.90
A recovery needs a strong reclaim above this zone
Without that, upside may stay limited.
🔮 Possible Scenarios (Personal Opinion)
Stabilization Scenario:
If 1.70 holds, price may move sideways between 1.70–1.85 before choosing direction.
Bearish Continuation:
If 1.70 breaks, price could drift toward 1.60–1.55.
🧠 Final Thought
AXS is not weak enough to panic, but not strong enough to chase. This is a patience zone, where waiting for confirmation matters most.
This is my personal market view, not financial advice. Always manage risk and trade responsibly.