$PAXG /USDT LONG ENTRY ALERT – Safe Haven in a Bearish Market ..
While the market remains bearish, $PAXG is holding strong, currently trading at $2,989, showing +0.95% gains. Gold-backed assets like PAXG often act as safe-haven investments during volatile times, making this a potential long setup.
📌 Key Levels to Watch:
🔺 Resistance: $2,997 – A breakout above this could push PAXG towards $3,020 and $3,050.
🔻 Support: $2,951 – Strong demand zone; a retest could provide a solid buy opportunity.
📉/📈 Trade Setup:
💡 Long Entry: Above $2,990, targeting $3,020 and $3,050.
🛑 Stop Loss: Below $2,950 to limit downside risk.
⚠️ Quick Tips:
Gold-backed assets tend to rise when crypto markets are in turmoil.
Breakout confirmation above $2,997 could attract more buyers.
Risk management is key—set tight stop losses to protect gains!
Are you going long on PAXG as a hedge against market uncertainty? Let me know your thoughts..
