Professor Mike
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$PAXG /USD Analysis: Bullish Breakout or Bearish Reversal?
$PAXG is trading at $2,647, showing a consolidation after rejecting $2,658 (resistance). The hourly pattern suggests indecision with bearish wicks hinting at selling pressure near resistance.
• Long Entry: Above $2,650, target $2,660, $2,670, and $2,680. Stop-loss at $2,640.
• Short Entry: Below $2,645, target $2,635, $2,625, and $2,620. Stop-loss at $2,655.
💡 Next Move: A break above $2,650 confirms bullish momentum, while a dip below $2,645 signals bearish continuation. Watch closely!
#AltSeasonBoom? #AmazonBitcoinMove #MicroStrategyAcquiresBTC #MOVEOpening #BinanceHODLerMOVE
$PAXG is trading at $2,647, showing a consolidation after rejecting $2,658 (resistance). The hourly pattern suggests indecision with bearish wicks hinting at selling pressure near resistance.
• Long Entry: Above $2,650, target $2,660, $2,670, and $2,680. Stop-loss at $2,640.
• Short Entry: Below $2,645, target $2,635, $2,625, and $2,620. Stop-loss at $2,655.
💡 Next Move: A break above $2,650 confirms bullish momentum, while a dip below $2,645 signals bearish continuation. Watch closely!
#AltSeasonBoom? #AmazonBitcoinMove #MicroStrategyAcquiresBTC #MOVEOpening #BinanceHODLerMOVE
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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