🟡 Hybrid analysis $PAXG /USDT (Tokenized gold)

📆 22/05/2025 – Binance Perpetuals

📉 Technique and structure:

On 1D clear bounce from key zone $3,200 with HL + HH structure and MACD crossing upwards. On 4H it broke CHOCH and BOS, forming a clean bullish structure. On 15min it maintains firm consolidation above EMAs.

📊 Volume and dynamics:

Impulses with increasing volume and pullbacks with absorption. Bullish MACD on intraday. Marked demand since 21/05.

📍 Liquidation map (#Coinglass ):

High concentration of shorts between $3,330–$3,370. Critical zones:

🔺 $3,348–$3,365 (sweep target)

🔻 Supports: $3,260 and $3,204

🌐 Context and fundamentals:

Macro favorable to gold: moderate tension, no interest rate hikes, and flow towards safe havens. PAXG gains volume due to its direct exposure to gold without custody complications.

🎯 Suggested entry (swing):

Entry: $3,311

SL: $3,204 (flexible and dynamic)

TP1: $3,348

TP2: $3,365

TP3: $3,420

R/B: 2.2–3.4

📌 Valid entry with intention to break short zone. If it confirms impulse, it may take off. Aggressive SL below last HL.