Technical analysis by The_Quantastic about Symbol AXS: Buy recommendation (11/16/2024)

The first target for AXSUSDT.P is $8.5, and if market conditions strengthen on the demand side, it could rise up to $17. The current phase might still be a consolidation. A significant increase in momentum is necessary. If this momentum is enough to push price above $6.5, the direction will continue upward.The price continues its upward movement, fueled by the strengthened momentum following Trump's re-election as president.