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【$AXS Signal】Short | Volume Breakout Structure
$AXS is experiencing a volume surge and a sharp decline, with a daily drop of over 21%. The high open interest indicates this is driven by long liquidation rather than a simple correction.
🎯 Direction: Short (Short)
🎯 Entry: 2.08 - 2.15
🛑 Stop Loss: 2.35 (Rigid Stop Loss)
🚀 Target 1: 1.85
🚀 Target 2: 1.65
$AXS Price action shows a typical liquidity hunt. Massive decline accompanied by high open interest is a standard long squeeze structure. There is no obvious support below the current price level, and market sentiment has shifted to panic. Any rebound will be a new entry point for shorting. The chart indicates that the main players have completed their distribution, and the market will enter an inertial decline phase.
Trade 👇 $AXS
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