AXS, trendline BREAKOUT with potential target!

Axie Infinity (AXS), the top Game-Fi crypto token, is in a downward trend.

A trend line has formed on the chart and the price is starting to squeeze under it. This, of course, shows the strength of the bulls.
Also, a descending wedge has formed on the chart, which is a bullish pattern.

A possible target for this movement is the key level of $49.50, where a good chance to close your long position.

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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.