📊 Recent Price Action

‱ $AXS has been bouncing back from multi-year lows, with recent weeks showing sharp rallies — including double-digit gains above $2.50 as it outperformed some gaming tokens. 

‱ However, price swings remain high. After big up moves, short pullbacks occurred with selling pressure rising on exchanges. 

📈 Market Signals

‱ Bullish momentum: Rising trading volume and whale accumulation pushed $AXS above key short-term levels, with bulls targeting higher price zones near ~$3 and beyond if support holds. 

‱ Mixed sentiment: Netflow to exchanges reached multiyear highs, hinting at potential selling pressure, and some derivatives data showed more traders betting on price drops — a sign of caution. 

‱ Technical rebounds: AXS recently rebounded from oversold levels, drawing short-term buying interest, but it still needs consistent support to sustain bigger rallies. 

📌 Summary

Axie Infinity’s token AXS is showing renewed activity and volatility — recent technical rebounds and retail interest have driven gains, but mixed on-chain and market signals mean short-term price direction can swing quickly. Support levels around recent lows and key resistance near ~$3 will be important in the coming days.

AXS
AXS
1.475
+8.77%

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