🚀 $PAXG /USDT - Market Update & Technical Analysis 🚀
Current Price: 4,257.52 (-2.44%)
24-Hour High: 4,401.66
24-Hour Low: 4,246.64
24-Hour Volume (PAXG): 17.27K
24-Hour Volume (USDT): 74.69M
📊 Market Sentiment:
$PAXG /USDT is showing a slight bearish sentiment with a -2.44% decline in the last 24 hours. The price is currently retracing after hitting a 24-hour high of 4,401.66. A minor pullback to 4,250 suggests the market might be consolidating, but we need to watch closely for any signs of further declines or potential reversals.
📈 Technical Breakdown:
Resistance Levels:
First Resistance: 4,375 (recent high)
Next Resistance: 4,400 (24H High)
Support Levels:
First Support: 4,250
Strong Support: 4,245 (near 24H Low)
🎯 Targets:
Target 1 (TG1): 4,275
Target 2 (TG2): 4,300
Target 3 (TG3): 4,375
💡 Pro Tip:
If PAXG holds above 4,250, a move toward the resistance at 4,275 and beyond is likely. Keep an eye on volume for confirmation. Use stop-loss orders around 4,245 to manage risk if the price continues to drop.