🔥$AXS Bullish Retracement (Corrective Pullback Within Uptrend)

• Kline formed a bullish engulfing pattern with 25.6M volume (2.61x avg), confirming momentum shift.

• Recent 1H candles show long wicks below bodies, indicating rejection of lower prices.

• Recent 1h candles show declining volume during pullbacks (last candle: 38K vs avg 10M), suggesting weak selling pressure. The explosive volume spike 25.6M at 2.774 breakout confirms institutional accumulation.

• Spot: Net inflows over 6H-8H (+815k USDT) indicate retail accumulation.

Entry long $AXS : 2.593-2.650 (Support /MA20 confluence)

Stop-Loss: 2.459 (below recent swing low)

Take-Profit $AXS

• TP1: 2.89

• TP2: 2.97 (Resistance zone)

Support me just Click below to Trade 👇 Cheers

AXSUSDT

Perp

2.484

-4.27%

While short-term overbought, the capital flow alignment (whale accumulation spot inflows), higher low structure, and volume-supported breakout suggest upside toward 2.895-2.974.

A close below 2.593 invalidates the thesis, requiring immediate exit. #axs #axsusdt #AxieInfinity