Axie Infinity

Can AXS Recover?

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AXS has been on a downtrend for some years, but could this be the area of accumulation?

Price currently in a 2.272 window, which price has tagged before in the past, making a quick liquidity sweep. RSI Bullish Divergence is printing.

On a LTF price made a slightly lower low off of a minor wave 2.272; an ideal place for a Secondary Test where price "checks the floor". 👇👇👇
snapshot

If this area does turn out to be the floor, signs of accumulation will show and Automatic Rallies to the upside will occur.

-Not Financial Advice-
Note
AXS up 140% since my call. This appears to be an AR (Automatic Rally). Can price hold? Or, will there be a sell off. In most cases , price would retrace to test previous Selling Climax (SC) Support. Time will tell if this token can make higher highs and lower lows. snapshot

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