🚀 Technical Analysis Alert: $AXS /USDT 🎮

The price of Axie Infinity (AXS) has surged by 11.34% to $9.33, with a 24-hour high of $9.881 and a low of $7.618. The trading volume for AXS stands at 5.83M, while the USDT volume is at 50.91M, indicating a significant market interest.

Based on the Bollinger Bands, the price is currently hovering around the upper band, suggesting potential overbought conditions. The support levels at $9.078 and $8.279 could offer buying opportunities in case of a pullback.

📈 Trading Signal: Considering the bullish momentum and possible pullback scenarios, traders may want to wait for a retracement towards the support levels before entering a long position. A target price of $10.50 could be set, but closely monitor price action for any changes.