AXS Didn’t Just Bounce It Reversed Its Liquidity Gradient

AXS spent most of the week bleeding downward on low energy, caught in that slow-grind sell pressure that pushes traders into apathy instead of panic. But the real shift happened when bids stopped absorbing and started lifting. That’s when compression flipped into acceleration.

The breakout from 0.94 to 1.12 wasn’t a “mini pump” it was a liquidity gradient reversal. Sellers vanished above 1.00 and buyers chased up the ladder, forcing the reprice. Clean candles, limited wicks, and most importantly: stacked bids under spot. That’s the tell that traders are switching from “exit on strength” to “build into strength”.

The move now enters the valuation zone where the market argues about what’s actually fair. If orderbook support continues refreshing between 1.03–1.07, momentum traders will keep control. If not, late longs get harvested.

Either way: AXS just reminded the market that gaming tokens still have reflexive elements when liquidity wakes up.