AXS/USDT has entered a pivotal stage following its recent breakout, with traders closely monitoring key support levels. Based on the data provided in the document, the cryptocurrency's performance in the coming days will be crucial in determining the sustainability of its upward momentum.
Support Level Transformation
The previous resistance zone between 180-200 USDT has now transformed into a significant support level. This shift is critical, as maintaining prices above this range will be essential for confirming the breakout and sustaining the rally.
Market Analysts' Insights
Market analysts suggest that if AXS/USDT can successfully hold above this support, the cryptocurrency could see a continued upward trajectory. The target price range of 300-310 USDT indicates a potential increase of over 200% from its recent base, making it a focal point for investors looking to capitalize on this bullish trend.
Recently, AXS/USDT has shown significant market activity, while Stellantis has faced a dramatic decline in its market value since its formation. For more details, see the full article on this issue here.
