Since November 2021, we have seen most cryptos and altcoins, even Bitcoin concede downtrend movements..
Price has continued to move to the downside here on AXS , but the support level at $50 has been holding strong so far.. We’ve seen price bounce multiple times from this key level.

Would we see a bullish rally?
Well, we might want to wait for uptrend structures to confirm a bullish rally. But we must understand that “buying the dip” is important at this time.
The all-time high is priced around $163, so picking up AXSUSDT here at $50-$60 is really reallyyyyyy cheap, basically at a discounted price.. I’m long on AXS . I’ll be waiting for a new ATH.