🔥$AXS My previous Bullish post hit TP already while most of Whales were shorting it. 😎
• Recent breakout above 2.344 resistance (now support) with volume confirmation
• Formation of higher highs/lows on 1h timeframe
• Last 4 candles show consolidation near highs, suggesting potential continuation
Recent 1h candles show volume expansion during upward moves (30M volume during breakout candles), supporting bullish momentum.
Capital Flows: Strong net contract inflows across multiple timeframes (5m: +1.43M, 15m: +5.72M, 24h: +5.46M USDT) indicate institutional accumulation. Spot markets show minor outflows (-1.35M 24h), typical during futures-driven rallies.
Entry Long $AXS :
• Preferred: Pullback to 2.55-2.58 (MA5 support confluence)
• Aggressive: Break above 2.72 with volume (momentum continuation)
Stop-Loss: 2.44 USDT (below key support)
Take-Profit $AXS : 2.85 (5.8% from 2.69)
Support me just Click below to Trade 👇 Cheers.
A break below 2.44 would invalidate the bullish thesis. #axs #axsusdt #AxieInfinity