AXS/USDT Just Pumped +35% – Is This the GameFi Comeback We’ve Been Waiting For?
Yo everyone, check this out – AXS/USDT is on fire right now! Sitting around $2.60 after smashing through resistance, up over 35% in the last day with a 24h high near $2.76. Volume is solid (34M+ AXS traded), and it’s leading the Gaming gainer list on Binance.
• From the chart: Clear V-shaped bounce from lows around $1.88–$1.92, price now above all major MAs (7, 25, 99), and that parabolic green candle run screams momentum.
• Order book shows a bit more asks, so some resistance at current levels, but buyers are definitely in control.
What’s driving it?
• Axie Infinity dropped a massive tokenomics upgrade this month – switched tradable rewards to bAXS (bonded/non-transferable), cut SLP emissions hard, and cracked down on bots/farming. Sell pressure dropped big time, created a supply squeeze, and boom – price exploded from sub-$2 levels. GameFi sector rotating heavy, and AXS is stealing the show.
Short-term: Looks bullish for continuation. If it clears $2.76–$2.80 clean
• next stops could be $3.00–$3.20 quick, maybe even push toward $4 if the hype keeps building. But it’s extended and overbought, so watch for a quick dip back to $2.40–$2.50 (MA support) as a healthy pullback/buy zone.
I’m leaning bullish here – this feels like the start of something bigger for Axie after years of pain.
𝙒𝙝𝙖𝙩 𝙖𝙗𝙤𝙪𝙩 𝙮𝙤𝙪 𝙜𝙪𝙮𝙨?
Are you jumping in long right now, waiting for a dip, or already taking profits? Drop your take below – let’s see what the Square thinks! 🔥
#AXS #GameFi $AXS Trade Hare 👇
