$PAXG /USDT – Gold-Backed Dip or Hidden Opportunity? Let’s Break It Down!
Current Price: $3,181 (-1.79%)
24h High / Low: $3,247 / $3,142
24h Volume: 7,185.99 PAXG | $22.92M USDT
Trade Setup – Precision Entry for the Patient Trader:
Entry Zone: $3,140 – $3,180 (key retracement zone)
Target 1: $3,217
Target 2: $3,244
Target 3: $3,265
Stop Loss: $3,120
Market Insight:
$PAXG mirrors gold's price action and is now retreating after hitting a local high at $3,247. Current consolidation near $3,180 is flirting with a key Fibonacci level. If gold steadies, a rebound to higher resistance zones could follow.
Pro Tip:
Use this dip for strategic spot accumulation if you're a long-term gold believer. For short-term trades, wait for confirmation above $3,190 with a tight SL.
Do you think this is the best crypto hedge against inflation? Drop your views or ask for more gold-based pair analysis!
buy And Trade Here On $PAXG
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