Yello, Paradisers! Will #AXS finally deliver a strong upside move, or are we just seeing another setup to trap impatient bulls before a deeper drop? Let’s break down the latest #AXSUSDT structure:
💎After months inside a descending channel, #AxieInfinity has finally broken above the descending resistance, showing early signs of a potential trend reversal. The current price trades around $2.56, but history tells us a retest of lower levels is still highly possible before any sustained upside move. The soaring volume and a positive broader market outlook reinforce our bullish bias.
💎The structure is clear: the strong support zone sits between $2.20–$2.00, and this is the first critical level to watch. A healthy retest here would provide a high-probability continuation setup for bulls. Below that, the demand zone at $1.53 is the last stronghold—losing this level would invalidate the bullish scenario completely.
💎If buyers maintain control, the first upside target stands at the midterm resistance of $3.82, where some profit-taking and selling pressure are expected. A clean breakout above this zone could push the price toward the strong resistance at $4.62, where major distribution could occur.
💎However, the bullish setup becomes invalid if #AXSUSD loses the $1.53 demand zone. A confirmed daily close below this level would flip the structure bearish and open the door for a move to new lows.
Stay patient, Paradisers. Let the breakout confirm, and only then do we strike with conviction.
MyCryptoParadise
iFeel the success🌴
💎After months inside a descending channel, #AxieInfinity has finally broken above the descending resistance, showing early signs of a potential trend reversal. The current price trades around $2.56, but history tells us a retest of lower levels is still highly possible before any sustained upside move. The soaring volume and a positive broader market outlook reinforce our bullish bias.
💎The structure is clear: the strong support zone sits between $2.20–$2.00, and this is the first critical level to watch. A healthy retest here would provide a high-probability continuation setup for bulls. Below that, the demand zone at $1.53 is the last stronghold—losing this level would invalidate the bullish scenario completely.
💎If buyers maintain control, the first upside target stands at the midterm resistance of $3.82, where some profit-taking and selling pressure are expected. A clean breakout above this zone could push the price toward the strong resistance at $4.62, where major distribution could occur.
💎However, the bullish setup becomes invalid if #AXSUSD loses the $1.53 demand zone. A confirmed daily close below this level would flip the structure bearish and open the door for a move to new lows.
Stay patient, Paradisers. Let the breakout confirm, and only then do we strike with conviction.
MyCryptoParadise
iFeel the success🌴
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🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.