$PAXG

/USDT – Safe-Haven Bounce Gaining Traction

Current Price: $3,191 (-1.24%)

Following a dip to $3,142, PAXG is showing signs of a rebound, supported by strong bullish momentum on the 30-minute chart.

Trade Setup:

Entry Range: $3,180 – $3,195

Targets:

TP1: $3,215

TP2: $3,228

TP3: $3,240

Stop Loss: $3,165

Key Technical Levels:

Support: $3,142

Resistance: $3,233

24H Range: $3,142 – $3,233

Market Insight:

As a gold-backed token, PAXG tends to reflect gold’s sentiment. The bounce from key support suggests potential for continued upside in the short term.

Pro Tip:

Consider using a trailing stop after reaching TP1 to lock in profits amid potential volatility.

Bottom Line:

With gold’s inherent stability and PAXG’s current technical setup, this safe-haven asset could be poised for a breakout.