๐ Todayโs Market Roundup: $AXS , $CHESS , $GPS , & $NKN Analysis
The market is showing some explosive volatility today!
While some assets are showing strong recovery patterns, others are facing critical "make-or-break" moments.
Let's dive into the 4H charts.
๐ฎ AXS (Axie Infinity)
AXS has shown a solid bounce from the 1.165 support zone.
We are seeing a strong green candle reclaiming the 1.50 level.
Trend: Short-term Bullish Recovery.
Key Level: Needs to hold above 1.50 to test the next resistance at 1.78.
Outlook: If volume stays high, we could see a trend reversal from the previous downtrend.
โ๏ธ CHESS (Tranchess)
Caution Advised: CHESS just experienced a massive "stop-hunt" or flash volatility spike.
It plunged to 0.0056, then spiked back up.
Current State: Trading around 0.0106.
Note: Keep an eye on the upcoming delisting news for CHESS on Feb 13th.
High volatility is expected as traders exit positions.
๐ฐ๏ธ $GPS
GPS is the star performer among these charts, currently up +27.39%.
It has established a clear uptrend with higher highs and higher lows.
Momentum: Very strong.
Target: Watching for a consolidation above 0.0122 to push toward the previous high of 0.0137.
๐ $NKN
NKN is seeing a massive +38.46% recovery spike after hitting a bottom at 0.0031.
Analysis: This looks like a relief rally.
The price is currently at 0.0072.
Risk: Like CHESS, NKN is on the delisting list for Feb 13th.
Trade with extreme caution and tight stop-losses!
๐ก Trader's Note:
With several of these assets (CHESS, NKN) scheduled for delisting on February 13, 2026, these price spikes are often high-risk "exit pumps."
Always manage your risk and don't FOMO into vertical candles.
Whatโs your move?
Bullish on the bounce or staying away? ๐
