🚀 $PAXG /USDT – Gold-Backed Crypto Holding Strong Above $2,940! 🏆
📊 Momentum Analysis: PAXG is maintaining bullish momentum, trading at $2,941 (+0.79%), nearing its 24h high of $2,944. Strong demand keeps it above key support at $2,908, with a 24h trading volume of 1,553 PAXG ($4.55M USDT).
📈 Long Setup:
🔹 Entry Zone: $2,930 – $2,940
🔹 Targets: T1 $2,950 | T2 $2,965 | T3 $2,980
🔹 Stop Loss: $2,915
⚡ Breakout Confirmation & Key Support:
✅ Breakout Above: $2,945 → Eyes on $2,965+
🛡️ Support Zone: $2,908 – $2,926
🔥 Pro Tip: Gold-backed digital assets like PAXG tend to move with traditional gold markets. Watch for macroeconomic events and US inflation data that could impact price movements.
🔎 Market Depth (BINCE Exchange):
🟢 Buyers Strong at: $2,937 – $2,941
🔴 Sellers Sitting at: $2,944 – $2,945
📅 Timeframe Analysis: 15m | 1h | 4h | 1D – Bullish Sentiment Continues!