After seeing a big bearish move late last year, AXS has seemingly found support around the $45 area. Yesterday, AXS hit this support zone again and is now reversing from it.
Assuming that BTC will not drop further, we can expect AXS to see more upside potential in the coming days/weeks. Targets placed at recent highs. A move below the support area would invalidate this bullish reversal move.
Happy trading!