【$AXS Signal】1H Oversold Rebound Trading, Sniping Intraday Correction

$AXS The 1H timeframe has entered oversold territory (RSI 31.69), with a brief stabilization near 1.295, but buying strength remains weak (latest candlestick buy/sell ratio only 0.32). The 4H chart is in a downward channel overall, but after consecutive declines on the 1H, there is a technical rebound demand. Open interest remains stable, indicating non-panic selling; major players may be creating a rebound trap or short-term support at this level.

🎯Direction: Watch and wait(Pending orders) - Await clear signals

⚡Order strategy:

1. Aggressive long entry: If the price breaks above 1.318 (Reason: Stabilizes above the 1H EMA20 and recovers the previous downward candle high), consider it a short-term momentum return.

2. Conservative long entry: If the price retraces to the 1.285-1.290 zone (Reason: previous low support area, also recent dip low point), and the 1H candlestick shows a long lower shadow or bullish engulfing pattern.

🛑Stop loss: 1.275 (Reason: Breaks previous support low, invalidating the rebound structure)

🚀Target 1: 1.345 (Reason: Resistance at the 1H EMA50)

🚀Target 2: 1.370 (Reason: Recent small-level platform high resistance)

🛡️Trading management:

- Position suggestion: Light position (Reason: 4H trend remains downward, this is only a 1H oversold rebound game, higher risk)

- Execution strategy: If the pending order is filled, reduce 50% at Target 1, and move the stop loss of the remaining position to the entry price. If the price cannot quickly break above 1.318 and falls back again, abandon the trade.

Deep logic: The current market logic suggests “price decline, combined with position volume judgment,” while open interest remains stable, implying it may not be major players offloading, but rather passive long liquidation or market sentiment doldrums. The 1H RSI has hit oversold, but buy/sell ratio remains below 0.5, indicating active buying has not yet entered. Wait for the price to volume-break above 1.318 (buying strength confirmation) or precisely retrace to 1.285-1.290 (bear exhaustion signal) before acting. This is a typical contrarian short-term sniping, be quick in and out.

Check real-time market 👇 $AXS

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