$PAXG /USDT - A gold-backed currency showing signs of stability!🔥
🔸 Current Price: $3,244 (-1.25%)
After dropping to a low of $3,223, $PAXG is attempting to recover with a strong bullish candle forming on the 15-minute chart.
📊 Quick Overview:
24-Hour High: $3,291
24-Hour Low: $3,223
Stability above a critical support level after a short-term sell-off
📍 Key Levels:
Support: $3,225 / $3,235
Resistance: $3,260 / $3,291
📈 Potential Trade Idea:
Entry Zone: $3,238 - $3,245
Take Profit Price 1: $3,260
Take Profit Price 2: $3,285
Stop Loss: $3,225
💡 Professional Tip: The PAXG token tends to move with the direction of gold. A breakout above the $3,260 level with high trading volume could drive the token towards the 24-hour high.
A good option for defensive traders - keep an eye on PAXG!
PAXG
3248
-1.09%
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