$PAXG /USDT 4H Trade Setup
Market Insight: $PAXG (tokenized gold) is trading steadily with a modest +0.46% gain. Price is above all major moving averages (MA7, MA25, MA99), indicating underlying bullish sentiment. The range remains tight but constructive, mirroring gold’s low-volatility grind higher.
Entry Zone:
3,383 – 3,393
(Buy on dips near 3,383 support zone, ideally with bullish wick rejection or strong candle close)
Targets:
Target 1: 3,410
Target 2: 3,428
Target 3: 3,450 (gold tracking continuation target)
Stop Loss:
3,349 (below the key support cluster and recent low)
Key Levels:
Support: 3,382 / 3,371 / 3,360
Resistance: 3,401 / 3,410 / 3,428
Pivot: 3,393
Pro Tip:
PAXG moves similarly to physical gold. Use macro cues (DXY, gold spot price) to confirm bias. For short-term trades, stick to technical zones, but for longer-term holds, PAXG may offer a hedge against fiat volatility.
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