📈 Axie Infinity (AXS): GameFi Rebound Ignites Trader Interest
🕹️ Axie Infinity (
$AXS ), the flagship GameFi token powering the Axie NFT gaming ecosystem, is trending again as renewed tokenomics changes and a surge in volume bring it back on traders’ radar. Recent data shows AXS reclaiming upside after volatility, posting solid daily gains near $1.22–$1.30 with increased trading volume — attracting fresh attention from both short-term traders and GameFi bulls.
🔥 After a bounce off multi-month lows and structural support around $1.10, AXS’s price momentum picked up, partly powered by ecosystem enhancements like the bAXS initiative designed to curb bot farming and tighten tokenomics. Early buyers are watching key resistance levels for continuation.
📊 Technical Levels & Trade Plan
🔹 First Entry: $1.18 – $1.22 — Aggressive dip buyers
🔹 Second Entry: $1.26 – $1.30 — Breakout confirmation
🟢 Take Profit Targets:
• TP1: $1.40 – Psychological resistance
• TP2: $1.55 – Higher time-frame supply zone
🔻 Stop Loss: $1.05 — Invalidates local bullish structure
🧠 Why
$AXS Is Buzzing Now
✨ GameFi Revival: With development updates boosting community engagement and trading interest in NFTs and in-game economies, Axie’s ecosystem shows renewed participation.
📈 Improved Tokenomics: Reduced bot-induced inflation and staking tweaks are tightening the supply side, potentially supporting base building.
🔥 Trader Sentiment: Rising volume and volatility after price rebounds indicate smart money positioning.
#Bullish #ChartBreakout #TradingPlan