$AXS #AXS @Axie Infinity
#MarketRebound #WriteToEarnUpgrade
AXS/ETH Breakout Analysis – Is Axie Infinity Preparing for Its Next Major Move?
Axie Infinity (AXS) has once again captured market attention as the AXS/ETH trading pair shows strong bullish momentum on the lower timeframes. The recent price action reflects a clear shift in sentiment, with buyers stepping in aggressively after a prolonged consolidation phase. This move is not random—it is technically significant and backed by volume, structure, and broader market psychology.
🔍 Technical Chart Breakdown
On the 15-minute chart, AXS/ETH printed a powerful bullish impulse candle, pushing price from the 0.00064 region to a local high near 0.0007722. This sudden expansion indicates strong demand absorption, likely driven by smart money accumulation before the breakout.
Key technical observations:
Break of consolidation: Price remained range-bound for an extended period before exploding upward, which often signals a trend continuation rather than a fake move.
Higher highs and higher lows: After the impulse, price formed a controlled pullback instead of an aggressive sell-off—this is a healthy bullish structure.
Volume confirmation: The breakout candle was supported by increased volume, validating the strength of buyers.
The current price zone around 0.00066–0.00069 acts as a short-term demand area. As long as $AXS holds above this region, the bullish structure remains intact.
📊 Support and Resistance Zones
Major Support Levels
0.00064 – Previous consolidation base and strong buyer zone
0.00062 – Structural support if a deeper retracement occurs
Key Resistance Levels
0.00072 – Immediate resistance where sellers are attempting to defend
0.00077 – Recent high and breakout extension target
0.00082–0.00085 – Next bullish expansion zone if momentum continues
A clean break and close above 0.00072 could open the door for another impulsive rally toward the higher resistance zones.
📈 Market Sentiment and Order Flow
