🟠 $PAXG
/USDT — GOLD-BACKED STABILITY UNDER PRESSURE ⚠️
PAXG (PAX Gold), the crypto equivalent of physical gold, is showing mild weakness as it trades at $3,403.40, down -0.56% in the last 24 hours.
MARKET SNAPSHOT:
📊 Current Price: $3,403.40
📉 24h Change: -0.56%
🔼 24h High: $3,436.04
🔽 24h Low: $3,392.20
🔄 24h Volume: 8,444.01 PAXG
After testing resistance near $3,430, PAXG failed to break higher and retraced toward the key support zone around $3,390. Price action remains in a tight range, reflecting global uncertainty in both gold and crypto markets.
A breakout above $3,436 may signal renewed bullish momentum, while a breakdown below $3,390 could invite deeper corrections.
🌐 Traders are closely watching macroeconomic factors — any shift in USD strength or global tension could directly affect PAXG’s next move.
⚠️ Key Support Zone: $3,390 – $3,380
🚀 Key Resistance Zone: $3,430 – $3,450
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