$PAXG #PAXGUSDT š *PAXG/USDT Spot Trading Analysis* š Gold-backed token showing strength*
š *Current Market Data*
- Price: $3,361.34 (+1.72%)
- 24H Range: $3,300.00 - $3,371.00
- Volume: 4,944 PAXG / $16.51M USDT
š *Technical Setup*
- All EMAs trending up (7/25/99-day)
- Strong momentum (StochRSI: 86.03)
- OBV shows accumulation ($54K+)
- Testing 24H high resistance
šÆ *Trade Levels*
Entry Zone: $3,350 - $3,360
(EMA support confluence)
Stop Loss: $3,330
(Below recent swing low)
Take Profit Targets:
1) $3,371 (24H high)
2) $3,400 (psychological level)
ā ļø *Key Considerations*
1. Gold market correlation
2. Lower liquidity than spot gold
3. Tight spreads suggest stable pricing
š” *Pro Trading Tip*
"Use limit orders near $3,355 for optimal entry"