🟡 $PAXG /USDT Gold-Backed Bounce Play in Progress
PAXG is stabilizing after a healthy retrace from $3,351. Strong support at $3,312 and long lower wicks suggest buyers are defending the zone. With global gold sentiment leaning bullish, this could be the perfect bounce setup.
📌 Long Trade Plan
• Entry Zone: 3,318 – 3,323
• Stop Loss: 3,309
• TP1: 3,332
• TP2: 3,345
• TP3: 3,359
📊 Technical View:
Sideways structure near key support with bullish rejections signals accumulation. Gold strength = PAXG momentum. Great choice for a stable, low-risk positioning during volatile market phases