$AXS $AXS Analysis: Bullish Reversal Confirmed? 🚀
AXS/USDT is showing strong signs of a recovery on the 1-hour timeframe! After a period of consolidation, the price has successfully reclaimed the middle Bollinger Band and is currently trading at $2.234.
Technical Breakdown:
MACD: We are seeing a fresh bullish crossover with green bars forming, indicating that momentum is shifting to the buyers.
RSI: Sitting at 60, which is the "sweet spot"—it shows strength without being overbought yet.
KDJ Indicator: The K and J lines are trending sharply upward, suggesting a short-term price pump is likely.
🎯 Trading Signal (Trade Setup)
For those looking for a potential scalp or short-term trade, here are the key levels:
🔹 Entry Zone: $2.22 - $2.24
🔹 Take Profit 1: $2.28 (Immediate Resistance)
🔹 Take Profit 2: $2.33 (24h High)
🔹 Take Profit 3: $2.41 (Major Breakout Target)
⚠️ Stop Loss: $2.14 (Protect your capital!)
Final Thought: The gaming sector is heating up, and AXS is leading the charge today. If it breaks the $2.30 barrier with high volume, we could see a massive move toward $2.50+.
What do you think? Is AXS heading to the moon or is this a bull trap? Let’s discuss in the comments! 👇
#AXS #AxieInfinity #CryptoTrading #TechnicalAnalysis #BinanceSquare #Altcoins
#Gaming