$AXS showed strong volatility in the past 24 hours, swinging between $1.9 and $2.5 as traders reacted to mixed signals.
The gaming token is drawing attention with rising trading volumes, fueled by renewed interest in GameFi projects and upcoming tokenomic updates like the bAXS rollout that could tighten supply.
However, the price faces resistance near $2.5, where profit-taking has kicked in, and a break below $1.9 could open the door for short-term pullbacks.
Watch for volume spikes and RSI trends — if momentum fades, expect choppy moves ahead.
Key Levels:
Support: $1.9–$2.0 zone (critical for bulls)
Resistance: $2.5–$2.7 (watch for rejection)
Trader’s Edge:
Play cautious bounce trades above $2.0, but tighten stops below $1.9 to avoid deeper dips. The mid-term outlook stays positive thanks to GameFi hype and stronger tokenomics.
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