$AXS Current Price: It is quoted between $1.29 and $1.31 USD in the AXS/USDT pair on Binance Spot.

24-Hour Variation: It registers a drastic drop of approximately -14.34%.

Weekly Performance: The accumulated loss in the last 7 days exceeds -37%, invalidating the support of $2.00 that held at the end of January.

Technical Analysis and Outlook

Immediate Support: The price has breached multiple levels and is now seeking stability near the minimum of the last 24 hours at $1.19 USD.

Market Structure: On the 4-hour chart, AXS remains in a clear downtrend. The 50-day moving average is declining, indicating ongoing weakness in the short term#Write2Earn

AXS
AXS
1.342
+3.15%