$PAXG STUCK IN A TIGHT RANGE – WILL $3,300 HOLD OR BREAK?
Current Price: $3,302.47
24h Range: $3,292.69 – $3,349.78
24h Volume (PAXG): 4,760.28
Market Sentiment: Slightly Bearish (-0.47%)
$PAXG is consolidating just above the key $3,300 support level after multiple failed attempts to reclaim $3,310+. Price action is printing lower highs, signaling weakening bullish momentum, while buyers are still defending the horizontal base at $3,300. Volume remains average, hinting at indecision in the short term.
Trade Setup:
• Entry Zone: $3,301 – $3,303
• Take-Profit Targets:
• TP1: $3,310 (minor resistance)
• TP2: $3,316 (upper range edge)
• Stop-Loss: Below $3,292 (recent swing low)
If bulls hold $3,300, $PAXG may attempt a short-term rebound toward $3,316. However, a clean breakdown below $3,292 could trigger fresh selling pressure