Technical analysis by MyCryptoParadise about Symbol AXS: Buy recommendation (8/9/2025)

Yello could this #AXSUSDT breakout be the start of something big, or is it the perfect setup to liquidate the impatient before the real move? After weeks of being trapped inside a grinding descending channel, price has finally punched through resistance… but the market is never that generous without a catch. 💎For nearly a month, #AXS kept bouncing between descending resistance and support, with every bullish attempt slapped back down. That pattern ended when price broke cleanly above $2.40, flipping a stubborn resistance level into fresh support. This is a textbook Break of Structure (BOS) and a sign that buyers are finally stepping in with force. 💎The $2.10 to $2.20 demand zone remains the ultimate foundation for bulls. As long as it holds, market sentiment stays in their favor. The newly reclaimed $2.40 to $2.45 area now acts as immediate support, and losing it could invite a quick reversal back into the previous bearish structure. On the upside, $2.70 stands as the first key level where sellers might reappear, while a decisive breakout above $2.90 could trigger a rapid rally. If price closes below $2.10, the bullish case collapses entirely and the downtrend resumes. 💎The MACD has just printed a bullish cross with rising histogram bars, reinforcing the breakout momentum. Still, experienced traders know that such breakouts often retrace sharply before continuing higher, shaking out weak hands along the way. 🎖Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴