📢 AXS (Axie Infinity) – Update for Binance Square
🚀 AXS is showing signs of recovery after a strong correction!
📊 On the 1-hour candlestick chart, the price is consolidating near US$ 0.95, holding above the long-term moving average (MA99). This indicates that buyers are defending an important region.
✅ Positive Points • Short-term bullish structure since the bottom at US$ 0.86. • Sequence of higher highs and lows. • Approaching the psychological resistance of US$ 1.00.
⚠️ Points of Attention • Volume still remains relatively low. • Break above US$ 0.98–1.00 needs buyer entries to gain momentum.
🎯 Important Levels 🟢 Support: US$ 0.92 🟢 Strong Support: US$ 0.86
🔴 Resistance: US$ 0.98 🔴 Major Resistance: US$ 1.00+
💡 About the Project AXS is the governance token of the Axie Infinity ecosystem, one of the most well-known blockchain games in the market. The project continues to develop its infrastructure and maintains an active community, although it's still far below the all-time highs reached in the 2021 cycle.
🤔 Question for the Community: Can AXS recover to US$ 1.00 this week, or will we see more consolidation before the next move?
👇 Comment your prediction!
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⚠️ This is a technical analysis and not an investment recommendation.