AXS/USDT Market Update

Axie Infinity’s AXS token is trading near $2.27 against USDT, holding within a tight consolidation range. Over the past week, price action has shown limited volatility, with buyers defending the $2.20 support zone while sellers cap gains near $2.35.

Technical outlook:

Daily RSI signals mild oversold conditions, hinting at potential short-term relief rallies.

Moving averages suggest weak momentum, keeping the pair in a sideways channel.

A break below $2.20 could expose AXS to further downside, while a close above $2.35 may open the path toward $2.50.

Market sentiment: Forecast models remain cautious. Some analysts see gradual upside toward $2.30–$2.50 by year-end, while bearish scenarios place AXS below $2 if broader crypto sentiment weakens.

Summary: For now, AXS/USDT is locked in range-bound trading. Short-term opportunities may emerge from breakout moves, but traders should watch the $2.20–$2.35 levels closely.