The price of $PAXG
the gold-backed token has risen significantly....
The price of $PAXG has risen sharply, surpassing the level of $3,440, recording new daily highs near $3,453. Strong bullish candles indicate a high demand for buying, in line with the bullish trend of gold, suggesting further upward momentum if buyers maintain their control.
Long trading settings
Entry area: - $3,455
Target 1 (TP1): $3,475
Target 2 (TP2): $3,495
Target 3 (TP3): $3,525
Stop Loss (SL): $3,425
Idea: The momentum is clearly bullish as PAXG reflects the strength of gold. As long as the price remains above the level of $3,440, bulls may aim to continue trading within the range of $3,475 to $3,525.