AXS broke out of the falling wedge and surged 44%, confirming a strong bullish reversal.
🔸 Key Support at $3.05 – $3.10:
This zone may be retested. Holding above it keeps the bullish trend intact.
🔸 Upside Target: $4.80 – $5.20
Next leg up could push toward $5+ if momentum continues.
🔸 Risk Level: $2.98
Break below this invalidates the bullish setup.
🔸 Action Plan:
Look for entries near $3.10–$3.30 on pullbacks. Watch for bullish confirmation before riding toward higher targets.
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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.
Disclaimer
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.