$AXS/USDT 1D (#BinanceFutures)Descending trendline on resistance

Axie Infinity Shards seems likely to reverse here on strong supply zone.

Current Price= 72.13
Sell Entry = 73.09 - 78.65
Take Profit= 61.57| 51.41 | 42.44
Stop Loss= 87.83

Risk/Reward= 1:1.2 | 1:2.05 | 1:2.8
Expected Profit= +18.85% | +32.24% | +44.06%
Possible Loss= -15.76%

Fib. Retracement= 0.441 | 0.786 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 3 months

Tags: #AXS #AXSUSDT #AxieInfinity #Axies #NFT #Metaverse #P2E #Gaming #DeFi #BSC #SolEco

Website: axieinfinity.com/

Contracts:
#ERC20 0xbb0e17ef65f82ab018d8edd776e8dd940327b28b
#BEP20 0x715D400F88C167884bbCc41C5FeA407ed4D2f8A0
#SPL HysWcbHiYY9888pHbaqhwLYZQeZrcQMXKQWRqS7zcPK5
#Ronin 0x97a9107c1793bc407d6f527b77e7fff4d812bece
#Harmony 0x14a7b318fed66ffdcc80c1517c172c13852865de

Trade active:

First entry filled

AxieInfinityShards got rejected as planned and went for 100EMA retest, not enough to reach target yet.

Trade closed: target reached:

TP1 reached with +16.43% (1x) and +1.2R

AxieInfinityShards kept retracing down and lost 100EMA, helped by the bad news about the hack probably.
SL updated to highest entry (78.65) to secure the trade

Trade closed: target reached:

TP3 reached with +44.06% (1x) and +2.8R

AXS corrected way faster than expected reaching final target within a month, trade is closed now!