$PAXG 🚀 🚀BOOOʻOMM 🚀 🚀
Technical Snapshot
Trend Context:
PAX Gold (PAXG), a token backed 1:1 with physical gold, has been gradually climbing, reflecting broader market risk-off sentiment. With geopolitical and inflation concerns resurfacing, PAXG is acting as a digital gold hedge, seeing steady capital inflow.
⚠️ Support Levels:
$3,330
$3,285
⚠️ Resistance Levels:
$3,400
$3,470
Trade Setup:
Long Entry:
Break above $3,400 with sustained volume confirmation.
⚠️ Stop Loss:
$3,325
⚠️ Targets:
🍭 TP1: $3,470
🍭 TP2: $3,550 .
Risk-Reward Ratio: ~1:2.3 (aggressive entry), ~1:3.1 (conservative entry on pullbac
Alternate Play: Pullback Buy
If price fails to break $3,400 initially, watch for a bounce off $3,325–$3,330. A bullish engulfing candle or hammer on the 1H/4H could signal entry with tighter stop and same upside targets.
