$PAXG 📈 PAXG/USDT Support & Resistance – What’s Next? 💡

The price of $PAXG (Gold-backed crypto) is showing strength, currently trading at $3,429.14, up +1.09% on the day. Here's a quick breakdown of the key support and resistance levels and what to watch next:

🔹 Resistance Zone:

PAXG is testing a major resistance near $3,438 – $3,450. A breakout above this level could open the doors toward the $3,527 mark, and if bullish momentum continues, even a retest of the $3,600 top.

🔹 Support Levels:

Immediate support lies near $3,355 (EMA-25) and stronger support is at $3,292 (EMA-99). Below that, $3,265 acts as a crucial floor.

📊 Indicators Flashing Momentum:

MACD is bullish, showing growing positive divergence.

Volume has picked up, signaling trader interest.

EMA crossover shows bullish structure with short-term EMA(7) above EMA(25).

🚨 What’s Next?

If PAXG closes above the resistance level with solid volume, it could spark a breakout rally. But rejection at this level may lead to a healthy pullback toward the $3,355 zone.

💬 Stay alert and manage your risk — Gold-backed crypto can be volatile too!$PAXG

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