$PAXG /USDT – Bounce Off Support, Reclaiming Momentum! 📈
Current Price: $3,232 (+2.41%)
$PAXG shows a recovery bounce on the 15m chart after testing lower levels and forming a local bottom.
📊 Trade Setup:
Entry Zone: $3,225 – $3,235
TP1: $3,245
TP2: $3,261 (24H high)
TP3: $3,280
Stop Loss: $3,210
📌 Key Resistance: $3,261
📌 Key Support: $3,220
📈 Market Insight:
The asset has printed a short-term higher low and is showing reversal signals after a sharp dip. If volume increases, a retest of the daily high is likely.
💡 Pro Tip:
Use tight stop-loss below $3,220 to manage risk. Best for quick scalps or short-term swings as volatility picks up.
Gold-backed PAXG regaining strength – stay alert!
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