$PAXG /USDT
PAXG/USDT (Paxos Gold) Market Overview
MetricValueCurrent Price$3,417.10 (+0.06%)24h High / Low$3,436.04 / $3,392.2024h Vol (PAXG)8,285.8124h Vol (USDT)$28.28MTrendStable, ranging near support
🔍 Key Levels
LevelSignificance$3,39224h Low / Immediate Support$3,417Current Price$3,43624h High / Minor Resistance$3,522Next Resistance$3,622–3,600Strong Overhead Zone$3,320 / $3,142Major Support Below
🟩 Long Trade Setup (Range or Safe-Haven Play)
Entry Range: $3,390 – $3,410
Stop Loss: $3,372 (below 24h low)
Target 1: $3,436
Target 2: $3,522
Target 3: $3,600
Rationale: Gold-backed token; defensive plays gain traction in volatility; looks ready to rebound off short-term floor.
🟥 Short Trade Setup (if $3,392 fails)
Entry: Below $3,388 with high volume
Stop Loss: $3,410
Target 1: $3,320
Target 2: $3,220
Risk: Lower volatility; position sizing must be tight
🔧 Strategy Tips
PAXG often mirrors gold (XAU/USD); check macro sentiment (e.g., Fed policy, inflation fears).
Works well as a hedge trade during market-wide corrections.
Tight spreads = better for larger capital or short-term trades.
Add trailing stop if price approaches $3,522 for continuation upside.
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