AXS Price Rebounds as Breakout Structure Forms: Is a 100% Rally Setting Up?
The post AXS Price Rebounds as Breakout Structure Forms: Is a 100% Rally Setting Up? appeared first on Coinpedia Fintech News
Axie Infinity’s AXS token is beginning to regain attention after a sharp rebound from recent lows, rising more than 18% in the latest session as broader market sentiment steadies. The move follows an extended decline that pushed AXS price into deeply compressed price territory, where selling pressure began to fade and buyers cautiously stepped back in. While the rebound itself is notable, the larger focus for traders is the structure forming beneath the surface. AXS is not simply bouncing on momentum, it is compressing into a zone where volatility has been steadily declining, often a precursor to larger directional moves.
That setup has placed the token back on watchlists, even as confirmation remains pending. The question now is not whether AXS has bounced, but whether this rebound is evolving into something structurally more meaningful.
AXS Price Breakout Brings Potential Rally Into Focus
For the past sessions, AXS price continues to trade inside a falling wedge pattern, defined by lower highs and lower lows, converging into a tightening range. This structure typically reflects weakening downside momentum, rather than aggressive distribution. Importantly, AXS token has succeeded to mark a close above the trendline barrier of $1.40. Currently, AXS price is trading around $1.52 and displaying buying momentum during the intraday session.
The falling wedge pattern breakout move suggests a next bullish leg intact. Once price surpasses above the $1.55-$1.60 with strong volume, AXS token may see a 100% rally toward the major supply zone of $3 in the near-term. Axie Infinity token has begun forming higher lows on intraday and short-term timeframes, a subtle but important shift from the persistent lower-low sequence that defined the prior downtrend. For AXS, multiple EMAs hurdle placed around $1.60 which is the make-or-break zone. If bulls succeed to close above the region, a strong rally could be seen ahead. A rejection from that region may pull AXS inside the narrow range.
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