Detailed technical analysis of Axie Infinity (AXS) for June 2025:
$AXS Overall Market Sentiment:
Bearish bias — 23 out of 30 technical indicators are negative, with only 8 positive.
RSI (14-days) sits around 34–35, signaling it's not oversold yet, but showing neutral to slightly oversold territory .
The Fear & Greed Index is at 52 (“neutral”), suggesting no extreme sentiment.
Moving Averages & Key Levels:
Simple Moving Averages (SMAs):
50‑day SMA: ~$2.64
200‑day SMA: ~$3.13
Current AXS (~$2.43) is well below both averages → bearish momentum.
Short-Term (Hourly) View:
Intraday slightly bullish momentum if holding above $2.62.
Bullish targets: $2.77, then $2.88, potentially $2.98.
Bearish risk: A drop below $2.62 could trigger further downside .
$AXS Support & Resistance Levels (Pivot-Based):
Support:
• S1 = $2.33
• S2 = $2.27
• S3 = $2.22
Resistance:
• R1 = $2.44
• R2 = $2.49
• R3 = $2.55
June Outlook (Short-Term Forecast):
Range-bound trade between $2.33–$2.44, with possible attempts at upside toward $2.49–$2.55.
A break below $2.33 could open the door to $2.27 – $2.22.
A push above $2.44–$2.49 would risk testing 50‑day SMA (~$2.64) or even 200‑day SMA (~$3.13).
However, with bearish bias and momentum still soft, upside plays should be approached cautiously.
$AXS June 2025 Takeaway:
AXS is exhibiting bearish-to-neutral trend in mid-June 2025, trapped between $2.33–$2.44. Short-term bullish momentum is possible above $2.62, but overall structure remains weak. Conservative traders may wait for a confirmed breakout either above $2.55 or below $2.33 before entering larger positions.
Monitor These Key Levels:
Support:
$2.33 → $2.27 → $2.22
Resistance:
$2.44 → $2.49 → $2.55
Critical swing threshold:
$2.62 (hourly bullish trigger)
Major moving averages:
50‑day SMA ~$2.64, 200‑day SMA ~$3.13.