Since late September, Axie Infinity [AXS] buyers have benefited from the local support and demand zone of $4.40.
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.buyers have benefited from the local support and demand zone of $4.40. Although the initial two retests on the support saw buyers enjoy +9% gains, a recent hit on the same level didn’t lead to a similar price performance.The local support at $4.40 also doubled as H4 bullish order block of $4.40 -$4.44 .
A crack below the support zone will invalidate the bullish thesis. Such a move could encourage sellers to extend gains to $4.30 or $4.34.
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