Currently tracking a bearish setup on AXS that's worth monitoring closely. The near-term structure suggests potential for a downside move, though I'd anticipate some solid bounce attempts along the way before any sustained decline materializes. I'm planning to look into short positions later, but given today's schedule constraints, I'm staying cautious on initiating fresh entries right now. From a technical standpoint, the $1.66 level is the key zone I'm targeting next for AXS. It represents a significant support area that should draw attention if the current bearish thesis plays out. Keep an eye on how price behaves in that range—it could offer some compelling entry opportunities depending on the bounce strength.