<div id="readability-page-1" class="page"><p>Axelar [AXL] saw a remarkable 1,200% increase in daily trading volume and had rallied 19.8% on Sunday, the 25th of January.</p><p>The recent Bitcoin [BTC] bearish hiccup that sent it below $88k affected the wider market, including AXL’s lower timeframe momentum.</p><div id="attachment_565036"><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/AXL-1-day-Chart.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1609" height="955" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/AXL-1-day-Chart.png"/></p><p id="caption-attachment-565036">Source: AXL/USDT on TradingView</p></div><p>On the 1-day chart, the structure was bearish after the drop on the 20th of January. That move below $0.066 confirmed a bearish continuation.</p><p>During the recent days’ rally up to $0.083, Axelar was unable to close a daily trading session above the key overhead supply zone.</p><p>This rejection might be temporary.</p><p>The OBV has made new highs, higher even than the mid-December ones. The 1-day RSI has also picked up and looks to stay above the neutral 50 mark.</p><p>Traders and investors have reason to be cautiously optimistic about a recovery.</p><p>However, for now, the bearish bias must remain in place on the higher timeframes. The moving averages did not see a crossover yet, and the bearish structure remained unbroken.</p><h2><strong>The bearish argument for AXL</strong></h2><div id="attachment_565058"><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/AXL-1-hour-Chart.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1940" height="1035" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/AXL-1-hour-Chart.png"/></p><p id="caption-attachment-565058">Source: AXL/USDT on TradingView</p></div><p>Based on the recent lower timeframe swing move higher, a set of Fibonacci retracement levels was plotted. At the time of writing, the price threatened to fall below the 78.6% retracement level at $0.072.</p><p>The RSI has slipped below neutral 50 on the hourly chart, and AXL was trading below the 50-period moving average.</p><p>Taken together, it could be the beginning of a bearish spell.</p><h2><strong>Traders’ call to action- Stay sidelined</strong></h2><p>The huge Open Interest increase and swift weekend gains might not be sustainable. A deep market retracement and some consolidation might be necessary before bulls gather the steam for their next attempt.</p><p>This next attempt could be more successful, especially if Bitcoin does not sink far below $84k.</p><p>Over the next week or two, AXL traders can wait for a consolidation around $0.065-$0.072 and a gradual recovery to look to buy.</p><p>A price drop below $0.065 would be a warning of a bearish continuation.</p><hr/><h2>Final Thoughts</h2><ul><li><em>The Axelar short-term price action had been bullish over the weekend, but the token experienced a sizeable pullback.</em></li><li><em>The momentum for the coming days could be bearish, and swing traders looking to go long would want to see a positive reaction at $0.072.</em></li></ul><p><strong>Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.</strong></p></div>

<p>Axelar (AXL) experienced a 19.8% rally on January 25, alongside a 1,200% increase in daily trading volume. However, the overall market remains bearish, particularly after Bitcoin's drop below $88k. Despite recent gains, AXL struggles to close above key resistance levels, indicating potential for further declines. Traders are advised to remain cautious, with a focus on consolidation around $0.065-$0.072 before considering new positions. A drop below $0.065 could signal continued bearish momentum.</p>

- Axelar [AXL] experienced a significant 1,200% increase in daily trading volume and a 19.8% rise on January 25, despite Bitcoin's dip affecting the market.  
- The recent bullish rally struggled to maintain above critical resistance at $0.066, with a bearish structure still intact on higher timeframes, indicating potential for a decline.  
- Traders are advised to stay sidelined as a retracement might be necessary before any sustainable recovery efforts can be made.

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Axelar [AXL]: 19% rally meets bearish market structure – Here’s what’s next!