AXS/USDT Market Review: The daily chart has staged a beautiful reversal. After months of downward pressure, AXS experienced a strong upward rally from the $0.80 demand zone, directly breaking the previous bearish pattern and establishing a clear trend reversal signal.
The intensity of this vertical ascent should not be underestimated. From a technical perspective, the price not only effectively broke through a key resistance level but also demonstrated a significant upward momentum. The support area successfully shifted from $0.80 to a rebound point, indicating that market sentiment has shifted from pessimistic to optimistic.
Most importantly, this rebound has broken the long-standing bearish structure, and changes in market liquidity also support this judgment. The subsequent trend warrants close observation—whether the new trend can be sustained depends on trading volume and further price confirmation.
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WhaleSurfer
· 3h ago
0.80 has rebounded? Finally showing some signs of life, just worried it might be a fleeting moment.
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SillyWhale
· 3h ago
Damn, it finally rebounded. I've been waiting for this wave so long that even the flowers have withered.
Whether AXS can hold steady this time is the key; don't let it fall back into a bear market again.
I bought the bottom at 0.8 during that wave, and now it looks much better.
Feels different this time; if the volume doesn't pick up, could it be a false breakout?
If things go wrong, I might get trapped for another half a year. Forget it, I'll just observe for now.
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rug_connoisseur
· 4h ago
I really missed that wave at 0.80, feeling heartbroken
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NotFinancialAdviser
· 4h ago
Bro, the strength of this reversal is really something, but it still depends on whether the volume can keep up.
Wait, is the 0.80 rebound support really solid? I'm a bit uncertain.
A vertical surge looks good, but I'm just worried it's only a rebound.
Is it going to break the level again this time? I'm exhausted.
Liquidity support sounds good, but who knows, really.
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GateUser-40edb63b
· 4h ago
Sounds good, but can this rebound hold...
Is this a real reversal for AXS or just another trap to lure buyers in? Let's wait and see what the trading volume says.
The 0.80 rebound level is a good starting point, but the question is how high it can go.
It feels like another pretty-looking reversal that will fade away in a few days.
Is this time different? I'm skeptical... liquidity support seems a bit flimsy.
I'll just watch the trading volume; a rebound without volume is just an illusion.
AXS/USDT Market Review: The daily chart has staged a beautiful reversal. After months of downward pressure, AXS experienced a strong upward rally from the $0.80 demand zone, directly breaking the previous bearish pattern and establishing a clear trend reversal signal.
The intensity of this vertical ascent should not be underestimated. From a technical perspective, the price not only effectively broke through a key resistance level but also demonstrated a significant upward momentum. The support area successfully shifted from $0.80 to a rebound point, indicating that market sentiment has shifted from pessimistic to optimistic.
Most importantly, this rebound has broken the long-standing bearish structure, and changes in market liquidity also support this judgment. The subsequent trend warrants close observation—whether the new trend can be sustained depends on trading volume and further price confirmation.