AXS broke through its important resistance in the $10 range

In the last 24 hours, AXS broke through its important resistance in the $10 range with a growth of more than 40%. This resistance placed exactly at the ceiling of the range channel of the daily timeframe has become a good support, and we can expect a positive reaction in the pullback to this level. Note that the price of this currency is close to the ceiling of the main descending channel, and a negative reaction has accompanied the $14.31 resistance area at the ceiling of the descending channel. If more reaction is observed, reversal patterns can be formed. But if the support of buyers continues and this resistance is broken, the possibility of a further price increase to the range of $16.83 to $18.39 will be provided. We expect a stronger negative reaction from this resistance.