Here's a technical and market breakdown for $PAXG /TRY — a gold-backed stable asset:
---
🪙 $PAXG /TRY Overview (Paxos Gold)
💰 Current Price
₺136,568
USD Equivalent: $3,466.19
📈 24h Change: +0.68% (mild upward movement)
---
🕰 24-Hour Statistics
Metric Value
High ₺137,450
Low ₺135,502
Vol (PAXG) 455.81
Vol (TRY) ₺62.16M
> ✅ PAXG is trading closer to the top of its daily range, indicating stable bullish sentiment.
---
📉 Technical Indicators
Indicator Value
MA(5) 7.79
MA(10) 7.02
Current Vol 16.38
> 🔼 Rising volume above moving averages suggests increased activity, possibly due to macro hedging (e.g., inflation or volatility).
---
📘 Depth Highlights (Support & Resistance)
🔼 Resistance Levels:
₺137,213
₺138,250
₺138,555
🔽 Support Levels:
₺135,871
₺134,529
₺133,187
₺132,150
> 🛡️ Solid support around ₺134.5K, resistance very close (~₺137.2K+), suggesting a tight trading range.
---
🔍 Summary Table
Metric Status
Trend Neutral–Slightly Bullish
Momentum Moderate
Range Bias Consolidation (₺135.5K–₺137.5K)
Breakout Trigger ₺138.3K+
Safe Rebuy Zone ₺134.5K–₺135K
---
🧠 Insights
PAXG tracks physical gold, making it a safe-haven asset during uncertainty.
Current TRY volume (₺62M) is elevated, hinting at Turkish market demand for gold-backed protection.
Movement remains within expected gold volatility, not a speculative crypto asset play.
---
Would you like a comparative gold or inflation hedge analysis between PAXG, BTC, and TRY? Or a trade setup based on short-term support/resistance?
#PAXG #PAXGold #BinanceHODLerHOME #TrumpTariffs #BinanceHODLerRESOLV