The first target for AXSUSDT.P is $8.5, and if market conditions strengthen on the demand side, it could rise up to $17.
The current phase might still be a consolidation. A significant increase in momentum is necessary. If this momentum is enough to push price above $6.5, the direction will continue upward.
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The price continues its upward movement, fueled by the strengthened momentum following Trump's re-election as president.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.