The falling wedge pattern breakout move suggests a next bullish leg intact. Once price surpasses above the $1.55-$1.60 with strong volume, AXS token may see a 100% rally toward the major supply zone of $3 in the near-term. Axie Infinity token has begun forming higher lows on intraday and short-term timeframes, a subtle but important shift from the persistent lower-low sequence that defined the prior downtrend. For AXS, multiple EMAs hurdle placed around $1.60 which is the make-or-break zone. If bulls succeed to close above the region, a strong rally could be seen ahead. A rejection from that region may pull AXS inside the narrow range.
FAQs
AXS is rebounding after heavy selling as buyers step in near lows. A falling wedge breakout and improving sentiment are driving renewed momentum.
AXS needs to stay above $1.55–$1.60. A strong close above this zone could unlock further upside, while rejection may cause consolidation.
A 100% move toward $3 is possible if AXS confirms above resistance with volume, but it depends on broader market strength and follow-through.
Axie Infinity remains relevant due to its established ecosystem. Price action now suggests traders are reassessing its long-term potential.
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