1.19 AXS Analysis

From the current trend structure, AXS has broken out of the consolidation zone and entered a clear unilateral bearish downward channel. The upward momentum is clearly insufficient, with rebound highs decreasing step by step, while the bearish force continues to strengthen, and selling pressure dominates the market direction. On the four-hour chart, the MACD death cross signal has been confirmed, and the green momentum bars are continuously extending, indicating that the downward trend is accelerating. Any upward rebound at this point is more like providing a better entry opportunity for shorting.

Trading Suggestions
Short near 1.90-1.96 on rebounds, with targets down to 1.77-1.70; if broken, continue to look lower at 1.65.