AXS Structure Is Improving, But Demand Needs Proof
Axie is delivering: Origins S19 is live, with 80K bAXS in rewards, while bAXS is now being used across the Axie economy.
But price still has a large gap to close. AXS is around $1.38, versus a $7.29 2025 high — roughly 81% below it.
Your 4H chart shows momentum improving, with MACD turning bullish. $1.26 is the key support; $1.45 is the first resistance. A clean breakout above $1.45 with volume would strengthen continuation.
The missing piece is measurable usage. Ronin currently shows only about $12M DeFi TVL and modest daily chain fees.
This is a watch, not a long. Price needs proof.
#AXS
$AXS
Axie is delivering: Origins S19 is live, with 80K bAXS in rewards, while bAXS is now being used across the Axie economy.
But price still has a large gap to close. AXS is around $1.38, versus a $7.29 2025 high — roughly 81% below it.
Your 4H chart shows momentum improving, with MACD turning bullish. $1.26 is the key support; $1.45 is the first resistance. A clean breakout above $1.45 with volume would strengthen continuation.
The missing piece is measurable usage. Ronin currently shows only about $12M DeFi TVL and modest daily chain fees.
This is a watch, not a long. Price needs proof.
#AXS
$AXS
