🔶 $PAXG
/USDT – Strong Recovery in Motion, Bulls Gaining Momentum
Gold-backed $PAXG is showing renewed strength after rebounding from a low near 3312. The price has now climbed to 3344.91 (+0.59%), nearing today’s high and signaling a potential continuation of bullish momentum.
📈 Market Insight:
This upward move indicates that bulls are gradually reclaiming control. If current momentum sustains, a breakout toward fresh short-term highs is likely.
📊 Trade Setup – Long Position Idea:
Entry Zone: 3338 – 3355
Stop Loss: 3315
Target 1: 3380
Target 2: 3410
Final Target: 3440+
Gold’s global demand continues to support $PAXG’s price action. A steady climb from here could open the door to higher levels. Monitor price action closely and manage risk effectively.
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$PAXGUSDT | Perp