$AXS Cooling Down: Post-Rally Correction vs. Ecosystem Evolution 🎮
Axie Infinity (
$AXS ) is navigating a sharp corrective phase today, February 5, 2026, currently trading around $1.53 - $1.57. After a stellar January that saw the token soar over 100% (peaking near $2.93 on Jan 23),
$AXS is now down approximately 31% over the last 7 days as the market digests the recent parabolic move.
Technical Breakdown
The "Demand Zone": AXS is currently testing critical support in the $1.47 - $1.51 range. Bulls need to defend this floor to prevent a slide back toward the $1.20 level.
Resistance Barrier: The immediate overhead resistance sits at $1.82. Reclaiming the $2.14 level (the 38.2% Fibonacci retracement) is essential to restart the bullish momentum.
Indicators: The 14-day RSI has cooled significantly to 31.8, moving into Oversold territory. This often precedes a relief bounce, especially since a bullish divergence is starting to print on lower timeframes.
Let’s get active in the comments:
Is $1.50 the "generational bottom" before the Atia's Legacy rollout?
Does the bAXS staking overhaul solve Axie’s long-term inflation problems?
Are you Buying the Blood today or rotating into newer GameFi projects?
📊 Your Play Today:
🔥 Aggressive Bull (Buying the $1.50 floor for an RSI-driven relief rally)
🛡️ Strategic HODL (Increasing your Axie Score to benefit from the new reputation tiers)
👀 Sidelined (Waiting for a confirmed break back above $1.82 to enter)
#AXS #axsinfinity #AXS🔥🔥🔥