$PAXG /USDT around $3,330 (as of 2025-04-28).
Let's quickly analyze setup.
Current Snapshot:
Price: $3,330 (+0.30%)
24h High: $3,346
24h Low: $3,277
24h Volume: ~$13.92M (good liquidity for PAXG)
MA60 (Moving Average 60): ~$3,328 (price is sitting just above MA60)
MA(5) & MA(10): seem like volume averages, not price — so not super relevant for direct entries.
Important Observations:
Price is holding above MA60 = bullish short-term.
Strong daily range between $3,277 (support) and $3,346 (resistance).
PAXG usually tracks gold prices (since it’s a gold-backed stable asset). If gold is stable or bullish, PAXG tends to be very stable or slowly bullish.
PAXG/USDT Immediate Trade Plan:
Notes:
Long bias right now because price is staying slightly above MA60 and making higher lows.
Stop-losses are tight because PAXG doesn't move wildly like crypto — it behaves closer to gold.
Risk Tip:
Since PAXG is a low-volatility asset, leverage trading it makes sense ONLY with tight stop management.
If you trade spot (no leverage), you should position with a larger time frame target (example: $3,360+).
Would you like a more scalping strategy (for example, quick trades based on 15-minute chart) for PAXG too?
I can give a specific 15m gameplan if you want faster action! Follow for more updates
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