$PAXG /USDT

🪙 PAXG/USDT Overview (Gold-Backed Token)

Market Snapshot

Current Price: $3,348.80

Daily Change: +0.16% (mild bullish bias)

24h High: $3,359.00

24h Low: $3,327.70

24h Volume (PAXG): 4,708.41

24h Volume (USDT): $15.74M

Trend: Sideways/Stable, reflective of underlying gold prices

Depth Key Levels:

Support: $3,327 – $3,333

Resistance: $3,359 – $3,360.57

🔍 Analysis

🔹 Technical Sentiment

PAXG (Pegged to Gold) is behaving in line with traditional gold price movement.

Narrow range today (~$31 spread) suggests low volatility, common with gold-backed tokens.

Price action is hugging the midline ($3,348), indicating balance between bulls and bears.

🧭 Short-Term Strategy

🟩 Support Rebound Trade

Entry Zone: $3,333–$3,338

Stop-Loss: $3,326

Target:

TP1: $3,353

TP2: $3,359

Watch for bounce confirmation (15m/1h candle with long wick down and volume spike).

🟥 Breakout Trade

Trigger: Price closes above $3,360 on 1H or 4H chart

Entry: $3,361+

Stop-Loss: $3,346

Target:

TP1: $3,375

TP2: $3,390 (if gold price follows through)

📌 Key Levels Summary

TypePrice (USDT)Resistance3,359 – 3,360Current Price3,348.80Support3,333 – 3,327

📣 Note:

PAXG is ideal for low-risk portfolios or hedging strategies, especially during crypto volatility. If BTC or ETH starts surging or correcting hard, PAXG may stay stable or slightly inverse-correlated.

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