$PAXG /USDT BULLISH BREAKOUT ABOVE KEY RESISTANCE – GOLD-BACKED TOKEN GAINING MOMENTUM
$PAXG/USDT has climbed to $3,753.73 (+1.59%), breaking past the immediate SAR resistance at $3,723.99 and holding above $3,719 support. The price tested the 24h high of $3,771 and is now consolidating slightly below it, signaling strong buying interest and the potential for a continuation to the upside if momentum sustains.
Trade Setup:
Entry (Long): $3,740 – $3,755
TP1: $3,790
TP2: $3,820
SL: $3,710
Market Outlook:
As long as $PAXG/USDT holds above $3,720 support, the bias remains bullish, with potential to retest the $3,800–$3,820 zone. A break below $3,710 would invalidate this setup and shift short-term sentiment to neutral.
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