Preheat the air fryer: Set to 390°F (200°C) for 3–5 minutes while you prep the ingredients.
Slice everything evenly: Cut chicken and vegetables into similar thin strips. Even sizes help everything cook at the same rate.
Make the spice blend: In a small bowl, mix salt, pepper, chili powder, smoked paprika, cumin, garlic powder, onion powder, oregano, and cayenne if using.
Season the chicken: In a large bowl, toss chicken with 1 tablespoon oil and about two-thirds of the spice blend until well coated.
Season the veggies: In a separate bowl, toss peppers and onions with the remaining 1 tablespoon oil and the rest of the spice blend.
Arrange in the air fryer: Spread the chicken and veggies in a single layer in the basket. Avoid overcrowding. Cook in batches if needed.
Air fry: Cook for 8–10 minutes, shaking the basket halfway. Chicken should reach an internal temperature of 165°F (74°C) and veggies should be tender with some char.
Finish with lime: Transfer to a bowl and toss with fresh lime juice.
Taste and adjust salt if needed.
Serve: Pile into lettuce wraps or low-carb tortillas. Add avocado, sour cream, cheese, cilantro, and extra lime as desired.