【$AXS Signal】Pullback to Add Long + 1H Retest Confirmation

$AXS 1H timeframe is undergoing a healthy pullback after volume-driven rally, with price clinging to the 1-hour moving average support. 4H timeframe has broken through the descending trendline, forming a bottom structure, but requires 1H retest confirmation to accumulate momentum for the second surge. Current open interest remains stable, negative funding rate hints at short squeeze risk, providing fuel for longs.

🎯Direction: Long

⚡Entry/Order: 1.187 - 1.213

🛑Stop Loss: 1.187

🚀Target 1: 1.297

🚀Target 2: 1.341

🛡️Trade Management:
- Execution Strategy: Upon price reaching 1.297, reduce position by 50% and immediately move stop loss of remaining position up to entry price 1.213, locking in profits. If price fails to break through the 1.247 previous high and retraces below the entry zone, consider early exit.

( Deep Logic: 1H RSI pullback from highs into healthy zone, creating room for further upside. 4H price has settled above key moving averages, trend turning. Order book data shows abnormally thick buy depth in the 1.21-1.22 zone, forming strong support. Combined with negative fee rate and price resilience, market has squeeze potential. )

View Live Market 👇 $AXS
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