$AXS
$AXS AXS (Axie Infinity) is currently trading around $2.52 - $2.59, marking a decisive breakout from a multi-year bearish trend. The pair has surged approximately 128% in the last week, driven by a massive spike in volume (over $700M/24h) and renewed fundamental interest surrounding the "Atia's Legacy" update and tokenomics overhaul. Technically, AXS has shattered the critical **$2.00 psychological resistance**, flipping it into a major support zone. The daily RSI is in overbought territory (>70), suggesting momentum is strong but a short-term cooling or consolidation period near $2.40 - $2.60 is likely before the next leg up.
The moving averages have aligned for a "Golden Cross" scenario on lower timeframes, further confirming the trend reversal. If bulls maintain price action above $2.20, the next immediate resistance targets are $3.00 and $3.40 (the early 2025 breakdown levels). Conversely, a failure to hold $2.00 could see a retest of the breakout zone at **$1.80**. Traders should watch for a "flag" pattern forming on the 4H chart, which typically signals continuation. The high volume suggests institutional or whale accumulation rather than just retail FOMO, adding credibility to this rally as a potential start of a medium-term bull cycle.#AXSUSTD #TradingCommunity #USJobsData #StrategyBTCPurchase