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AXS price jumps 13% but volume drops, signaling weak momentum and rising selling pressure.

Technical Signals
04 Oct 2026
AMBCrypto
View Source
Neutral
AXS price jumps 13% but volume drops, signaling weak momentum and rising selling pressure.

Axie Infinity (AXS) saw a 13% price increase in 24 hours driven by buyer momentum, but trading volume fell by 5%, indicating weak bullish strength. Selling pressure rose in both Spot and perpetual markets, with positive net Spot flow and negative funding rates pointing to profit-taking and strong short positions. Despite this, market sentiment remains bullish, which could drive further interest and price action. The current dynamics suggest caution as the rally's sustainability is uncertain.

Axie Infinity (AXS) trades at Rp24,673 on Pluang as of Oct 04, 2026 22:11 WIB, showing a 1-day increase of 13.65%. Despite the price rise, trading volume is Rp3.31 trillion, which may suggest cautious activity among investors. The platform data also reveals a slightly higher sell order activity at 53%, indicating some profit-taking amid the bullish sentiment.

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