Market Overview for Axie Infinity/Tether

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 15, 2026 3:58 pm ET1min read
AXS
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Aime RobotAime Summary

- AXSUSDT dropped from 1.278 to 1.089, testing key support at 1.095 and 1.082 amid bearish momentum.

- RSI below 30 and MACD negativity confirmed oversold conditions, while Bollinger Bands widened post-00:15 ET volatility surge.

- A 06:45 ET bullish engulfing pattern and 1.135 Fibonacci retracement level suggest potential short-term reversal attempts.

- Volume spiked during the selloff but waned near 1.089-1.105, indicating uncertain bearish conviction and possible consolidation.

Summary
• Price declined from 1.278 to 1.089 with key support at 1.095 and resistance near 1.135.
• Momentum weakened as RSI fell below 30, suggesting oversold conditions.
• Volume surged during the selloff but declined as price stabilized.
• Volatility expanded after 00:15 ET, with Bollinger Bands widening.
• A bullish engulfing pattern formed around 06:45 ET, hinting at potential reversal.

Axie Infinity/Tether (AXSUSDT) opened at 1.274 and closed at 1.089 after hitting a high of 1.278 and a low of 1.082. Total volume reached 2.78 million with a notional turnover of $3.18 million over the past 24 hours.

Structure & Formations


Price formed a strong bearish trend, with support levels forming at 1.095 and 1.082. A bullish engulfing candle appeared at 06:45 ET, suggesting short-term buying pressure. A doji at 04:45 ET indicated indecision during the pullback. Resistance levels are now at 1.115 and 1.135, where buying interest may test.

Moving Averages


Short-term 20- and 50-period moving averages on the 5-minute chart show a bearish crossover, reinforcing the downward bias. Daily 50/100/200-period MAs are converging near 1.15, indicating potential consolidation ahead if price tests this area.

MACD & RSI


MACD turned negative, confirming bearish momentum. RSI dropped below 30, signaling oversold conditions. However, divergence between the two metrics suggests caution—momentum may not yet align with price strength.

Bollinger Bands


Volatility expanded notably after the 00:15 ET break, with price fluctuating near the lower band during the selloff. Bollinger contraction occurred briefly near 04:45 ET, suggesting a potential reversal, though it was quickly invalidated.

Volume & Turnover


Volume spiked sharply during the 00:15–02:00 ET window, coinciding with a sharp decline. However, volume decreased as price stabilized near 1.089–1.105, indicating diminishing bearish conviction. Turnover diverged slightly from price after 08:00 ET, hinting at weaker follow-through in the downtrend.

Fibonacci Retracements


On the 5-minute chart, price tested the 61.8% retracement level at 1.135 before pulling back. Daily retracement levels are now at 1.14 (61.8%) and 1.12 (38.2%), where buyers could step in.

Market Overview


The 24-hour period saw a sharp and sustained selloff in
AXSUSDT
, with price collapsing from above 1.27 to below 1.09. While technical indicators like RSI and MACD suggest oversold conditions, volume has not confirmed a reversal. A test of the 1.095–1.105 range appears likely. Investors should watch for a breakout or breakdown from this key consolidation zone, with a risk caveat that increased volatility may trigger further sharp swings.