Use advanced tools to confirm the Double Bottom on AXS before you trade.
Reversal pattern after a downtrend.
Technical analysis of Axie Infinity (AXS) reveals a significant setup. Currently at $0.88, the asset is showing downward momentum (-2.03%). Algorithmically, a Double Bottom structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $1.07, targeting $1.27 with support near $0.97 (R:R 2.0).
What is your outlook on AXS?