$PAXG USDT BULLISH BREAKOUT – GOLD TOKEN GAINS MOMENTUM
PAXGUSDT has broken above its mid Bollinger Band and is approaching the upper band resistance near $3,331. The price action shows strong bullish candles with higher lows, indicating continued buying interest and potential for further upside.
🔑 Key Levels
Resistance: $3,331 (Upper Bollinger Band)
Support: $3,324 (Middle Bollinger Band)
Current Price: $3,329.41
📈 Trade Setup
Entry Zone: $3,328 – $3,331 (on minor pullbacks)
Take Profit Targets:
TP1: $3,336
TP2: $3,340
Stop Loss: $3,324 (below mid Bollinger Band for tight risk control)
🌐 Market Outlook
Momentum remains strong on the 15m timeframe, with price trending along the upper Bollinger Band, indicating continued bullish bias unless rejected sharply. Watch for volume spikes to confirm breakout continuation.
⚠️ Risk Management
Always use strict stop loss, risking only 1-2% of capital per trade. Avoid FOMO entries above immediate resistance without retest confirmation.
#gold #paxgusdt #bullishsetup #cryptoanalysis #tradingview buy and trade here on $PAXG