$PAXG is trading at $3,333, with a modest 0.10% gain in the last 24 hours. The pair is consolidating within a tight range after testing the 24-hour high of $3,380 and the low of $3,322. Strong accumulation near the lower levels indicates buyers are slowly stepping in.
Key Levels to Watch:
- *Immediate Support:* $3,320
- *Key Support:* $3,300
- *Major Resistance:* $3,350 - $3,380
Entry Strategy:
An ideal entry zone for $PAXG lies between $3,325 and $3,335, as this area has shown strong demand. A breakout above $3,360 could confirm bullish continuation toward recent highs.
Targets:
- *TP1:* $3,360
- *TP2:* $3,380
- *TP3:* $3,430
Stop Loss: $3,300 to stay safe against downside pressure.
$PAXG is a gold-backed asset, making it less volatile than other cryptocurrencies. This stability makes it a safer choice for traders seeking measured gains, especially during market uncertainty. It's perfect for hedge positions, providing a reliable option for traders looking to manage risk. Be alert and trade wisely.
