🚀 $PAXG /USDT – Gold-Backed Momentum Ignites! ✨📈
Gold-backed $PAXG just rebounded impressively from the $3,344 support zone and is showing strong signs of bullish continuation on the 4H chart. Buyers are stepping up, and momentum is picking up for a potential push higher.
📊 Long Trade Setup:
• Entry Zone: $3,358 – $3,362
• Target 1 (TP1): $3,370
• Target 2 (TP2): $3,380 ✅
• Stop Loss (SL): $3,345
⚡ Technical View:
Higher lows forming with strong candle closes. Volume confirms buyers reclaiming control near major support.
🛡 Risk Note:
SL break could open downside — manage risk wisely. Stick to plan and avoid FOMO entries.
🔄 Strategy Breakdown:
The setup leans on a bounce from well-tested support and a strong structure on higher timeframes. With momentum favoring the bulls, we target a clean continuation up to resistance.
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