Technical analysis by CryptoAnalystSignal about Symbol AXS: Buy recommendation (5/15/2025)

#AXSThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are seeing a bounce from the lower boundary of the descending channel, which is support at 3.11.We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are looking for stability above the 100 Moving Average.Entry price: 3.16First target: 3.23Second target: 3.45Third target: 3.65