$AXS Bullish Momentum Reclaimed! Breakout in Progress
The bulls are back in town! After a solid bounce from the $1.28 demand zone, Axie Infinity ($AXS ) is officially printing a textbook "Higher High, Higher Low" sequence. The recent breakout above the $1.35 resistance has flipped the script, signaling that aggressive buyers are now in control.
🔍 Technical Analysis & Logic:
Momentum Shift: On the 1H timeframe, $AXS has successfully reclaimed its short-term moving averages. The trend is clearly shifting from consolidation to expansion.
The Breakout Trigger: We just cleared the $1.35 hurdle with strong volume. As long as the price holds above $1.34, the bullish structure remains perfectly intact.
The Upside Potential: Once we clear the $1.42 liquidity zone, there is very little resistance until the $1.48 and $1.55 levels. We are looking at a high-velocity "run to the sky."
📈 The Trade Plan (Long Setup):
Entry Zone: $1.360 – $1.395 (Look for entries on the current momentum)
Stop Loss (SL): $1.310 🛡️ (Safety below the recent swing low)
🎯 Take-Profit Targets:
Target 1: $1.420 (Immediate Resistance)
Target 2: $1.480 (Supply Zone)
Target 3: $1.550 (Major Expansion Target) 🚀
💡 Pro Trader Tip: Don’t chase the green candle! If you missed the initial move, wait for a minor retest of the $1.36 area to get a better Risk/Reward ratio. Move your SL to entry once TP1 is secured.
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