Technical analysis by DEFI-trader about Symbol AXS: Buy recommendation (5/4/2025)

AXS/USDT Daily (Dec 2024–May 2025): Price dropped from $10 to $2, driven by whale distribution and now whale accumulation at the $2–$3 levels. This is based on developing high volume node indicating high trading activity. Whales sold into FOMO in Dec 2024, triggered panic sells during Feb–Apr 2025, and are buying at current support. Watch for a bounce toward $5 (VWAP resistance) if volume turns green, or a drop to $2.000 if support fails. Monitor #axs sentiment on X.com for confirmation. A call for lower prices, lack of interest, fear and general panic in the community, will signal the true bottom!