Here’s a detailed technical and market analysis of $PAXG
/TRY (PAX Gold / Turkish Lira):
🪙 PAXG/TRY Market Snapshot
Current Price: ₺134,551
USD Equivalent: ~$951,962.54
24h Change: +0.02% (neutral/stable)
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📊 24-Hour Trading Range
Metric Value
24h High ₺135,201
24h Low ₺134,055
Current ₺134,551
Spread ₺1,146
> Price is currently mid-range and moving within a tight consolidation zone — indicating stability typical of gold-backed assets.
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📈 Order Book Depth
Type Price (TRY)
Resistance 1 ₺135,201
Resistance 2 ₺135,277
Support 1 ₺134,285
Support 2 ₺133,955
Support 3 ₺133,624
➡️ Key support zone: ₺133,600–₺134,000
➡️ Key resistance zone: ₺135,000–₺135,300
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📉 Volume & Moving Averages
Indicator Value
Volume (PAXG) 186.00 units
Volume (TRY) ₺24.99M
MA (5) 9.37 units
MA (10) 11.49 units
🔹 Volume is relatively low, which is normal for stable/asset-pegged tokens like PAXG.
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📌 Sentiment & Strategy
Trend: Sideways/Stabilizing
Bias: Neutral, slight upward pressure
Trade Strategy:
For holders: Low volatility, safe-haven play
For traders: Consider range-bound scalping between ₺134,000–₺135,200
Breakout Watch: Above ₺135,300 or below ₺133,600 for directional movement
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💡 Quick Context
PAXG is pegged to 1 fine troy ounce of gold, so its price mostly reflects global gold movements + TRY volatility. It's often used as a stable hedge in volatile crypto markets.
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Would you like to compare it with gold prices in USD or other stable assets (e.g., USDT, XAUT)?
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