Here’s a technical trade setup and analysis for $PAXG
/TRY (Paxos Gold / Turkish Lira):
🪙 $PAXG /TRY Snapshot
Metric Value
Current Price ₺137,518
24h High / Low ₺138,049 / ₺135,790
24h Volume (PAXG) 191.91
24h Volume (TRY) ₺26.35M
% Change (24h) +0.28%
MA(5) 1.3631
MA(10) 1.7365
Exchange Binance
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📊 Key Price Levels
🟥 Resistance
⬆ 138,049 – Daily high (strong resistance)
⬆ 138,500 – Round number + supply zone
🟨 Current Price
🟡 137,518 – Sitting near mid-range
🟩 Support
⬇ 137,044 – Near-term pivot
⬇ 135,790 – 24h low (strong support)
⬇ 135,000 – Psychological round number
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📈 Technical Analysis
🔁 Sideways Movement: PAXG is consolidating between ₺135,790 and ₺138,049.
📉 Low Volatility: Small daily percentage move suggests cautious trading.
📊 MA Signals: MA(5) and MA(10) values show mild short-term movement (volumes in thousands).
PAXG tends to follow gold market movements, so global gold prices and TRY strength are also key.
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✅ Trade Setup Ideas
1️⃣ Range Play (Short-Term)
Buy Zone: ₺135,800 – ₺136,000
Stop: ₺135,000
Targets:
🎯 TP1: ₺137,500
🎯 TP2: ₺138,000
2️⃣ Breakout Trade
Entry: Above ₺138,100 (confirmed breakout)
Stop: ₺137,000
Targets:
🎯 TP1: ₺139,200
🎯 TP2: ₺140,000+
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🧠 Strategy Notes
✅ Pros ⚠️ Risks
Stable gold-backed asset Low intraday volatility
Strong liquidity on Binance May move slowly compared to crypto
Clear support/resistance zones Highly sensitive to macroeconomic news
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💡 Tip:
If you’re using PAXG/TRY as a hedge, watch for:
USD/TRY movement
Gold spot price volatility
Turkish CB announcements or inflation data
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