AXS/USDT Eyeing for the Next Bull Run? 👀🚀 AXS Analysis

30 Jan

💎Paradisers, let's focus on #AXSUSDT, as it's currently exhibiting signs of a potential robust bullish rebound from its important support zone.

💎Reviewing #AxieInfinity's recent market movements, we see a steady 39% decrease after reaching resistance at a significant supply level. However, its resilience around the support level of $7.00 indicates a potential for an upward trend.

💎Despite the present difficulty in reaching new highs or breaking past former peaks, which has led to a short-term bearish outlook, the $7.00 mark remains vital for #AXS. This level could potentially trigger a strong bullish surge upon retesting.

💎As proactive traders, we're prepared with a secondary strategy. If #AXS weakens at the $7.00 support and declines further, we're looking at a bullish resurgence beginning from the lower support level at $6.4. It's crucial to note, however, that a fall below this additional support might herald extended downtrends.

💎Stay flexible in your trading strategies and vigilant with the market trends, Paradisers. Your ParadiseTeam is diligently monitoring, ready to navigate you through these market shifts.