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

Long
BINANCE:AXSUSDT   AXS / TetherUS
đź’ŽParadisers, let's focus on #AXSUSDT, as it's currently exhibiting signs of a potential robust bullish rebound from its important support zone.

đź’ŽReviewing #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.

đź’ŽDespite 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.

đź’ŽAs 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.

đź’ŽStay 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.

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