【$AXS Signal】Long | Healthy Cooldown After Explosive Breakout
$AXS After a massive 4H candle breakout with huge volume, the price consolidates in a narrow range at high levels. This is a typical healthy cooldown after a breakout, not a top distribution.
🎯 Direction: Long
🎯 Entry: 1.530 - 1.540
🛑 Stop Loss: 1.495 ( Rigid Stop Loss )
🚀 Target 1: 1.680
🚀 Target 2: 1.850
Hardcore Logic: 1) Price Action: A massive bullish candle (47.7M volume) breaks above previous high, followed by narrowing candle bodies and decreasing volume, indicating exhausted selling pressure and a healthy reset. 2) Data Validation: At breakout, Taker is buying, and open interest (OI) remains stable, indicating not a short squeeze but new long positions entering. 3) Order Book: Dense buy orders support at 1.525-1.530, while sell orders above are sparse, favoring further upward movement. The current cooldown is a low-risk accumulation zone.
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【$AXS Signal】Long | Healthy Cooldown After Explosive Breakout
$AXS After a massive 4H candle breakout with huge volume, the price consolidates in a narrow range at high levels. This is a typical healthy cooldown after a breakout, not a top distribution.
🎯 Direction: Long
🎯 Entry: 1.530 - 1.540
🛑 Stop Loss: 1.495 ( Rigid Stop Loss )
🚀 Target 1: 1.680
🚀 Target 2: 1.850
Hardcore Logic: 1) Price Action: A massive bullish candle (47.7M volume) breaks above previous high, followed by narrowing candle bodies and decreasing volume, indicating exhausted selling pressure and a healthy reset. 2) Data Validation: At breakout, Taker is buying, and open interest (OI) remains stable, indicating not a short squeeze but new long positions entering. 3) Order Book: Dense buy orders support at 1.525-1.530, while sell orders above are sparse, favoring further upward movement. The current cooldown is a low-risk accumulation zone.
Trade here 👇 $AXS
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