-
$AXS confirms bullish trend shift after retesting 2.50–2.46 support zone.
-
Price reaches 2.927, signaling strong buyer conviction and momentum.
-
Potential pullback toward 2.60–2.50 could offer an ideal entry for new buyers.
$AXS (Axie Infinity) has shifted from recovery mode into trend acceleration, with a decisive break above critical price levels. This shift is marked by a successful retest of key support, signaling a bullish trend continuation. The recent price action suggests more upside potential, with a controlled pullback being the next logical step.
Price Action and Trend Acceleration
The price of $AXS has transitioned from a consolidation phase to a marked uptrend, following the successful retest of the 2.50–2.46 support zone. This level, previously acting as resistance, has now turned into a key demand zone.
When the price bounced off this area, it solidified the shift in market sentiment, allowing for a confident push higher. The breakout to 2.927, the highest price of 2026, confirms that buyers are willing to chase prices higher.
This signals confidence in the trend rather than exhaustion. The impulsive nature of the move, along with expanding volume, suggests that the rise is driven by fresh buying interest, not short covering or forced buying.
Given the strength of the breakout, the next logical price targets are around 2.98 and 3.02. Levels that align with both psychological round numbers and local resistance zones.
However, extending the target range to 3.11 makes sense, as the 3.10–3.11 area marks historical resistance and a potential liquidity trap.
$AXS #AxieInfinity
Yesterday, in the 2.56–2.58 range, we highlighted aggressive buyers stepping in.
From there, price held the critical support zone at 2.50–2.46 before launching a new impulsive leg higher, printing a current high of 2.927, the new 2026 peak.
My initial… pic.twitter.com/fvsCvYnUYG
— Enri.hl (@0xWhale) January 23, 2026
Momentum and Compression Risk
While $AXS has shown strong momentum, momentum indicators are flashing signs of potential compression. The RSI on the 4-hour chart is currently in overbought territory, signaling that the market is becoming overheated.
Historically, $AXS has not sustained vertical moves without a pullback, and such overbought conditions often lead to a correction or consolidation. A healthy retracement toward the 2.70–2.60 region, or possibly a deeper pullback to the 2.50 support zone, would help reset momentum.
This would allow the RSI to cool down, providing a more favorable entry for fresh buyers.
Market Makers and Liquidity Engineering
At current levels, market makers could engineer liquidity, especially as the price reaches the 2.98–3.11 resistance zone. By pushing price into this range, smart money could distribute positions into strength, triggering breakout FOMO and enticing new buyers to chase.
Once the price reaches these levels, they could walk the price back into demand, optimizing their positions. For retail traders, chasing prices at these levels presents risks.
Even though the broader trend is bullish, the potential for a pullback increases as the market reaches overbought conditions. This is why a cautious approach, waiting for a correction, may be the best strategy for entering the market at more favorable levels.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Foundation Partners Triton One to Redesign Onchain Data Layer as SOL Gains 3%
The Solana Foundation is collaborating with Triton One to enhance its on-chain data access layer, improving scalability and data retrieval. The redesign features two core modules: Accounts for adaptive indexing and Ledger for efficient historical data management. SOL is currently trading around $84.
GateNews1h ago
Bitmine promoted to the NYSE Main Board! Tom Lee: U.S. stocks may be at a bottom, and selling pressure on Ether could ease
Bitmine has officially moved from the NYSE American board to the main board in the U.S., marking an important milestone for the company. Despite a sharp drop in its share price, it has still increased its share repurchase program to $4 billion. The company holds a large amount of Ether (ETH), and expects that a rebound in the crypto market will help improve its assets and share price performance.
CryptoCity2h ago
Bitcoin Reclaims $76,000 as US March PPI Misses Forecasts
Bitcoin surged past $76,000 following lower-than-expected US Producer Price Index data for March 2026, which indicated a 4% year-over-year increase. The rise reflects strong market support despite declining leveraged positions.
GateNews5h ago
BTC 15-minute rise of 0.64%: a technical breakout of key resistance combined with weak liquidity amplifies volatility
2026-04-14 15:30 to 15:45 (UTC), BTC saw short-term fluctuations within the 74,795.5 to 75,319.3 USDT range, with a return of +0.64% and a range of 0.70%. During this period, market attention warmed up, volatility intensified, trading volume rose slightly compared with the previous hour, and short-term buy orders pushed the price upward quickly.
The main driver of this unusual move was BTC’s short-term technical breakout above the 74,000 USDT key resistance, which generated a long signal and triggered rapid responses from quantitative and programmatic buy orders. At the same time, because the order book depth has been rising since 2025
GateNews5h ago
ETH rose 1.06% in 15 minutes: global political stimulation and a coordinated boost to risk appetite and on-chain activity together drove the move
From 15:30 to 15:45 (UTC) on 2026-04-14, the ETH price range was 2340.75 to 2367.0 USDT. Within 15 minutes, the return rate reached +1.06%, and the amplitude was 1.12%. Market volatility intensified, and on-chain and social attention rose in tandem. Short-term trading activity increased significantly, and investor sentiment shifted to optimism.
The main driving force behind this market move is the direct impact of an international political event on risk appetite. The United States announced a blockade of the Strait of Hormuz in the Middle East region related to the White House, creating a stark contrast with peace signals reportedly coming from Iran, and it triggered uncertainty and panic sentiment in the market.
GateNews5h ago
Bitmine gets promoted to the NYSE main board! Tom Lee: US stocks may be at a bottom, with selling pressure on Ether easing
Bitmine has officially moved from the NYSE American board to the main board, marking an important milestone for the company. Despite a sharp decline in its stock price, it has still increased the share repurchase plan to $4 billion. The company holds a large amount of Ether, and it expects that a rebound in the crypto market will help enhance its assets and stock price performance.
CryptoCity6h ago
