I’m seeing short positions get unwound near $1.244, and price didn’t fade after that move. The response feels steady, implying selling pressure met committed demand rather than follow-through.
Price is holding above the $1.24 reaction band, keeping the structure intact and constructive. Momentum is improving as forced exits ease downside weight and allow a smoother climb. Liquidity is stacked above $1.35 and $1.48, which often pulls price higher if buyers stay engaged.
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I’m seeing short positions get unwound near $1.244, and price didn’t fade after that move. The response feels steady, implying selling pressure met committed demand rather than follow-through.
EP (Entry Price): $1.268
TP1: $1.335
TP2: $1.425
TP3: $1.560
SL (Stop Loss): $1.180
Price is holding above the $1.24 reaction band, keeping the structure intact and constructive.
Momentum is improving as forced exits ease downside weight and allow a smoother climb.
Liquidity is stacked above $1.35 and $1.48, which often pulls price higher if buyers stay engaged.
$AXS