$AXS /USDT Market Update đ | Technical Outlook
Axie Infinity (AXS) is showing early signs of recovery after a prolonged corrective phase, with price action stabilizing and momentum gradually improving.
Market Structure
AXS has rebounded from the $1.60â$1.70 demand zone, indicating strong buyer interest at lower levels
Price is attempting to build higher lows, suggesting a potential trend shift
Short-term momentum remains constructive as sellers lose control
Key Levels
Support: $1.60 â $1.70
Resistance: $2.00 â $2.20
A clean breakout and sustained acceptance above the $2.00 resistance area could open the door for further upside continuation. However, rejection at resistance may lead to short-term consolidation before the next directional move.
đ Bias: Cautiously bullish while above key support
â ïž Volatility remains elevated â risk management is essential