AXS/USDT on the Verge of a Breakout?

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Current Market Context:

The price is consolidating within a descending triangle, with clear lower highs and a flat support zone around $6.20–$6.30.
Multiple Choch (Change of Character) and BOS (Break of Structure) indicators suggest potential trend reversal points.
Volume is slightly declining, hinting at a potential breakout once a decisive move occurs.
Key Indicators:

RSI: Hovering near neutral territory (~49), showing indecision but with room to push higher or lower.
DMI/ADX: The strength of the trend is weakening, but buyers are starting to show subtle dominance over sellers.
MACD: Shows a slight bullish divergence, suggesting upward momentum could develop.
Trade Setup:

Entry: Around $7 (above the descending trendline for confirmation).
Stop Loss: At $6.206 (below key support for risk management).
Take-Profit Zones:
TP1: $10.00 (conservative target based on 70–80% of the range breakout).
TP2: $12.20 (full breakout potential based on the descending triangle's measured move).
Breakout/Breakdown Watch:

Bullish scenario: A breakout above $7.00 accompanied by strong volume confirms upward movement.
Bearish scenario: Failure to hold $6.20 support could push the price toward $5.50–$5.00.
Potential Catalysts:

Monitor Bitcoin's price movements as they heavily influence AXS/USDT.
Watch for fundamental news regarding the Axie Infinity ecosystem or broader market sentiment.
Additional Enhancements:

Add bold annotations to highlight key levels and breakouts.
Use arrows and boxes to make the chart more visually appealing and direct.
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