$PAXG /USDT – Gold-Backed Crypto Trying to Recover 🪙📈
Current Price: $3,408.72 (▼1.24%)
24H High/Low: $3,483.20 / $3,370.60
24H Volume: 11,001.37 PAXG
📊 Market Insight:
After a steep drop from the $3,480 zone, $PAXG is attempting a short-term recovery. The asset found support near $3,370 and is forming a rounded bottom on lower timeframes. As a gold-backed stable crypto, it often reacts to macroeconomic sentiment and investor demand for safe-haven assets. A rebound above $3,420 could signal a stronger recovery phase.
📌 Key Levels:
Support: $3,370
Resistance: $3,440
Recovery Trigger: $3,425
📈 Trade Setup:
Entry Zone: $3,405–$3,415
TP1: $3,440
TP2: $3,470
TP3: $3,495
SL: $3,370
💡 Watch for macro signals and gold price movements—$PAXG often mirrors them with precision.
#PAXG #GoldCrypto #BinanceTrading #CryptoRecovery #NEWTBinanceHODLer #BinanceTGEXNY #MarketPullback #ScalpingStrategy