$PAXG

/USDT BULLISH CONSOLIDATION – GOLD-BACKED ASSET HOLDS KEY SUPPORT

PAXG/USDT is trading around $3,874 (+0.76%), showing steady consolidation near the $3,860–$3,880 range. The price remains well above the $3,806 support, suggesting that buyers are defending key levels. A break above $3,880–$3,900 could trigger continuation toward higher targets, while a failure to hold support may see a minor pullback.

Trade Setup:

Long Entry: $3,870 – $3,880

Targets (TP): $3,900 / $3,920 / $3,950

Stop Loss (SL): $3,820

Short Entry (if support fails): Below $3,806

Targets (TP): $3,780 / $3,750

Stop Loss (SL): $3,880

Market Outlook:

PAXG remains bullish in the short term, holding above its critical support. A clean breakout above $3,900 could attract momentum traders and push the price higher. However, market participants should watch volume to confirm any sustained moves.

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