AXS is showing signs of a potential breakout after breaking the descending trendline and reclaiming the 50 EMA. Price is currently testing a key resistance zone between 2.62โ2.80 USDT.
๐ฆ Key Levels:
Support: 2.50 โ 2.46 USDT
Resistance: 2.62 โ 2.80 USDT
๐ Two Possible Scenarios: โ Bullish: Price holds above support and breaks through 2.80 โ potential rally toward 3.00+ โ Bearish: Rejection from resistance โ retest of support around 2.50 โ possible breakdown if support fails
๐ Waiting for a confirmed retest or breakout for the next move.
๐ Plan your trades, manage your risk.
#AXS #AxieInfinity #CryptoTrading #TA #Altcoins #TradingView #PriceAction #BreakoutSetup
๐ฆ Key Levels:
Support: 2.50 โ 2.46 USDT
Resistance: 2.62 โ 2.80 USDT
๐ Two Possible Scenarios: โ Bullish: Price holds above support and breaks through 2.80 โ potential rally toward 3.00+ โ Bearish: Rejection from resistance โ retest of support around 2.50 โ possible breakdown if support fails
๐ Waiting for a confirmed retest or breakout for the next move.
๐ Plan your trades, manage your risk.
#AXS #AxieInfinity #CryptoTrading #TA #Altcoins #TradingView #PriceAction #BreakoutSetup
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.