๐ $PAXG / USDT โ Gold-Backed Breakout in Motion ๐
Gold isnโt just holding value โ itโs gaining momentum, and is leading the charge.
๐ก Current Price: $3,390 (+2.47%)
After days of tightening price action, $PAXG has broken clean above short-term resistance with conviction on the 30-minute chart.
๐ Key Technical Levels:
Immediate Resistance: $3,400 โ eyes are on this threshold
Support Base: $3,360 โ strong footing if price retests
Breakout Confirmation: $3,380 โ holding above this is key
๐ Trade Outlook:
Entry Range: $3,380โ$3,390 (breakout zone)
Target 1: $3,410 โ minor resistance
Target 2: $3,440 โ last local high
Target 3: $3,480 โ uncharted zone ahead
Stop Loss: $3,355 โ under recent swing low
๐ Market Sentiment:
Bullish structure is unfolding naturally
Higher lows are telling the story of accumulating strength
Volume ticking up as we test $3,400 โ buyers are stepping in
๐ฌ Perspective:
This isn't just a breakout โ itโs a reflection of broader market trust in gold-backed assets amid global uncertainty. blends the stability of gold with the flexibility of crypto. Smart money is watching.
๐ก Tip for Traders:
Once TP1 is tagged, consider trailing your stop โ this market can move fast on gold-related headlines. Stay alert to macro shifts.
โ
๐ Momentum is real. Structure is clean. Gold is speaking.
$PAXG might just be one of the most overlooked breakout plays this week.
#MyCOSTrade #CEXvsDEX101 #EDGENLiveOnAlpha #EDGENLiveOnAlpha #SaylorBTCPurchase