$PAXG /USDT – BULLISH BREAKOUT IN PLAY 🚀🔥
Current Price: $3,449.71
24h Change: +2.14%
MA(7): 3,447.81 | MA(25): 3,449.58 | MA(99): 3,416.71
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📈 TECHNICAL OVERVIEW:
$PAXG /USDT is showing bullish strength as it successfully holds above short-term and mid-term moving averages. With the price consolidating near $3,450 and printing higher lows, a breakout above $3,480 could trigger the next upward wave.
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🔑 KEY LEVELS:
Resistance:
💥 $3,480 – Immediate breakout level
🚀 $3,523 – Next resistance
🎯 $3,566 – Final target before $3,600 zone
Support:
🛡️ $3,437 – Near-term support
🧱 $3,393 – Strong support zone
⚠️ $3,377 – Key invalidation level
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🎯 TRADE SETUP – LONG ENTRY:
📌 Entry: On breakout above $3,480
🎯 TP1: $3,523
🎯 TP2: $3,566
🎯 TP3: $3,600
🛑 SL: $3,437
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💡 RISK MANAGEMENT:
Only risk 1–2% of your capital, and adjust position size based on distance to SL. Wait for confirmation candle above $3,480 before entry to avoid fakeouts. 📊🔐
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📣 STAY SHARP. STAY STRATEGIC. TRADE WISELY. 💼💸
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