$AXS IS HOLDING THE LINE – GAMEFI GIANT BATTLES AT $2.27! 🎮⚔️
Axie Infinity isn’t backing down! AXS/USDT is trading at $2.274**, holding just above the **24h low of $2.266 after a volatile session that saw a high of $2.692. The game is on, and every point matters.
📉 Technical Pressure:
· Price is trading below all key moving averages: MA(7) at 2.293, MA(25) at 2.358, and MA(99) at 2.457—signaling strong bearish momentum.
· The chart shows a steep decline from the day’s high, but buyers are defending the $2.27 zone fiercely.
⚡ Critical Levels in Play:
· Resistance: Immediate hurdle at $2.293** (MA7). Above that, **$2.358 (MA25) is the next wall.
· Support: $2.266** (24h low) is a must-hold. Break that, and **$2.20–$2.10 could be in sight.
📊 Volume Tells the Tale:
· 24h volume is significant: 12.84M AXS traded, worth $31.72M USDT.
· Current volume: 13,146 AXS, well below the 5-period average of 86,809, indicating cautious sentiment and potential accumulation at these levels.
From a high near $2.69** to clinging to **$2.27—AXS is in a fierce battle between panic sellers and strategic buyers. The GameFi narrative is under pressure, but true believers aren’t folding.
Is this the final shakeout before a rebound, or the start of a deeper correction?
One thing’s certain: when AXS fights, the whole metaverse watches. Don’t count the play-to-earn pioneer out just yet. 🛡️