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#AXSUSDT #4h (Bitget Futures) Falling wedge breakout and retest

377
Axie Infinity just pulled back to 50MA support where it's bouncing, looks ready for recovery towards 200MA resistance and more.

⚡️⚡️ #AXS/USDT ⚡️⚡️
Exchanges: Bitget Futures
Signal Type: Regular (Long)
Leverage: Isolated (4.0X)
Amount: 4.7%

Current Price:
2.509

Entry Zone:
2.489 - 2.407

Take-Profit Targets:
1) 2.758
2) 2.991
3) 3.224

Stop Targets:
1) 2.189

Published By: @Zblaba

AXS AXSUSDT.P #4h #AxieInfinity #P2E axieinfinity.com

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +50.7% | +88.7% | +126.8%
Possible Loss= -42.3%
Estimated Gaintime= 1-2 weeks
Trade closed: stop reached
SL reached with -1.0R

AXSUSDT.P Stop Target Hit ⛔
Loss: 42.3203% 📉

AXS did not got as planned, first lost 50MA support then got rejected below it and went for our stop.
After that, price bounced back towards 100EMA resistance, where it seems trapped between both now.

snapshot

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