🔥 $AXS Market Update
Axie Infinity is showing strong momentum after a decisive rebound from long-term support.
📊 Price Action
AXS has moved from around $0.78 to nearly $3 in two weeks, marking an advance of roughly +270%. Price recently wicked into the $2.95 zone, with volume remaining elevated. Momentum indicators (MACD) continue to trend higher, with no clear bearish divergence at this stage.
🔍 Key Drivers Behind the Move
Reduced SLP emissions in Axie Origins, lowering sell pressure and improving token economics
bAXS (bonded staking) encouraging longer-term holding behavior
Strong participation from Korean exchanges, currently contributing a significant share of trading volume
Broader GameFi sector rotation, with capital flowing back into previously suppressed assets
⚠️ Risk Perspective
AXS is clearly overbought on lower timeframes, and volatility remains high. While momentum is strong, chasing without a defined risk strategy carries elevated downside risk.
🎯 Possible Approaches
Wait for a pullback / retest to key support
Trade continuation only with confirmation and risk management
Avoid counter-trend positions unless structure clearly shifts
Trend strength is undeniable, but discipline matters more than conviction in moves like this.
#WEFDavos2026 #AXS🔥🔥🔥 #TrumpCancelsEUTariffThreat
