$AXS at a Volatility Peak: South Korean Frenzy vs. Exchange Inflows 🐾
Axie Infinity (
$AXS ) is the focal point of intense market speculation today, February 1, 2026, trading near $1.84 (down from a 7-day high of $2.74). The token has experienced a rollercoaster start to the year, surging over 200% in January driven by massive trading volume in South Korea and renewed interest in GameFi. However, the price is currently cooling off as on-chain data shows a significant increase in
$AXS moving onto exchanges, suggesting that early-year "whales" are taking profits. Technically,
$AXS is looking for solid ground at the $1.70 - $1.80 support zone; while the 200-day moving average remains below the current price (a long-term bullish sign), the short-term 50-day EMA is sloping downward, indicating a period of consolidation is likely before the next major move.
Did you ride the 200% January surge, or are you waiting for this $1.80 dip to enter?
Can the Lunacian Lounge event on Feb 3 trigger a recovery back to $3.00?
Is GameFi making a true comeback in 2026, or is this just a speculative "beta" rally?
📊 Your Play Today:
🚀 Bullish (Accumulating at the $1.70–$1.80 support)
🛡️ Strategic HODL (Waiting for the Feb 3 roadmap reveals)
👀 Watching (Waiting for RSI to exit the neutral zone)
#AXS #AXS🔥🔥🔥 #AXS/USDT