$AXS has experienced a notable decline, dropping 7.292% in the last 24 hours.
The price fluctuated between a high of 2.521 and a low of 2.236.
Currently, support stands at 2.236, while resistance is at 2.521.
Traders appear cautious with an undefined market sentiment amidst this downturn.
The RSI of 35.15 indicates that AXS is nearing oversold conditions.
As it approaches support, traders should prepare for potential breakout or rejection scenarios.
Upcoming major developments in gaming partnerships could also influence price action significantly.
