$PAXG /USDT CONSOLIDATION ZONE – GOLD-BACKED STABILITY HOLDING STRONG
Current Price: $3,328 (+0.20%)
Category: Gold-Backed Asset (PAX Gold)
Exchange: Binance
KEY TECHNICAL LEVELS:
Resistance Levels:
$3,332 – 24h high / local resistance
$3,350 – Key breakout level
$3,390 – Multi-session top
Support Levels:
$3,312 – 24h low / minor support
$3,300 – Psychological and technical support
$3,275 – Major support zone
TRADE SETUP – RANGE STRATEGY (SCALP OR SWING):
LONG SETUP (IF SUPPORT HOLDS):
Entry: $3,312 – $3,320
TP1: $3,332
TP2: $3,350
SL: $3,295
SHORT SETUP (IF REJECTED AT RESISTANCE):
Entry: $3,332 – $3,340
TP1: $3,312
TP2: $3,300
SL: $3,355
RISK MANAGEMENT TIP:
Keep risk tight on both ends – gold-backed tokens are less volatile but can shift quickly on macro news. Limit position size and avoid over-leveraging.
$PAXG remains range-bound between $3,312 – $3,332, mirroring real gold price action. Look for breakout above $3,350 or breakdown below $3,300 for directional conviction.
Need a gold correlation breakdown or long-term strategy? Just say the word!
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