Market Overview for Axie Infinity/Tether (AXSUSDT): 24-Hour Analysis

Generated by AI AgentTradeCipherReviewed byDavid Feng
Sunday, Dec 7, 2025 5:59 pm ET1min read
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- AXSUSDT price dropped to 1.020, confirming bearish bias with key support at 1.045 and resistance at 1.075.

- Sharp 14:30 ET selloff triggered expanded volatility and oversold RSI conditions without meaningful rebound.

- Bollinger Bands widened post-selloff, aligning with Fibonacci 61.8% retracement at 1.046 as potential support.

- MACD turned negative while moving averages trended downward, reinforcing bearish momentum below key MA levels.

- Divergent volume-turnover patterns suggest uncertain distribution, with 1.030–1.020 support facing critical test.

Summary
• Price declined from 1.089 to 1.030 with key support at 1.045 and resistance at 1.075.
• Volatility expanded after 14:30 ET, with a sharp drop to 1.020 triggering increased volume.
• RSI showed oversold conditions near 1.020, but price failed to rebound, indicating bearish momentum.
• Bollinger Bands widened following the selloff, suggesting increased uncertainty and risk of a bounce or further decline.

At 12:00 ET on December 7, 2025, Axie Infinity/Tether (AXSUSDT) opened at 1.08, reached a high of 1.093, hit a low of 1.007, and closed at 1.030. The 24-hour volume totaled approximately 1,623,930.93, with a turnover of around 1,680.82.

Structure & Formations


Price action formed a bearish engulfing pattern around 19:30 ET and later a deep pullback to 1.020, which appeared to confirm a short-term bearish bias. Key support levels formed at 1.045 and 1.030, with resistance retesting at 1.050 and 1.075. A long lower wick around 1.045 suggests possible short-term buyers, though the close below this level may pressure for further consolidation lower.

Moving Averages


On the 5-minute chart, the 20 and 50-period moving averages trended downward throughout the period, reinforcing the bearish momentum.
On a daily basis, the price closed below the 50 and 200-day MAs, indicating broader weakness and potential continuation of the downtrend.

MACD & RSI


The MACD turned negative and crossed below the signal line, signaling bearish momentum. RSI dipped into oversold territory around 1.020 but failed to trigger a meaningful rebound, suggesting potential for a continuation of bearish pressure.

Bollinger Bands


Volatility remained compressed until 14:30 ET when a sharp drop to 1.020 caused the bands to widen significantly. Price closed near the lower band, which may trigger a retest for potential bounce support around 1.030–1.045.

Volume & Turnover


Volume surged during the 14:30–15:00 ET selloff, coinciding with the drop to 1.020. However, turnover failed to confirm the strength of the move, indicating possible distribution or uncertainty among sellers. Divergence between volume and price action suggests caution for further downside.

Fibonacci Retracements


Key Fibonacci levels on the 5-minute chart aligned with the 61.8% retracement at 1.046–1.048, which coincided with a temporary support zone. Daily-level retracements showed the 38.2% level at 1.055 acting as a minor resistance for potential countertrend buyers.

The market appears to be in a high-risk consolidation phase, with a potential test of 1.030–1.020 support. While oversold conditions may offer a short-term bounce opportunity, a sustained move above 1.050 could signal renewed bearish momentum. Investors should monitor volume and key resistance levels for confirmation of any reversal.