$PAXG / USDT – Gold-Backed Stability with $3,400 Resistance ⚡📈
📊 Current Price: $3,368.39 USD (-0.16%)
PAX Gold ($PAXG) is trading at $3,368.39, reflecting a 0.16% decrease over the past 24 hours. The token is consolidating near the $3,400 resistance level, indicating potential for upward movement.
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🔑 Key Levels:
Support: $3,350
Resistance: $3,400
Breakout Zone: Above $3,410 with strong volume
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📌 Market Structure:
Price is consolidating near the $3,400 resistance zone.
Volume is steady, indicating a potential buildup for a breakout.
RSI is neutral, suggesting room for upward movement.
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🎯 Trade Setup:
Entry Zone: $3,360 – $3,370
TP1: $3,400
TP2: $3,450
SL: $3,330
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💡 Pro Tip: Monitor for a 15-minute candle close above $3,410 with increased volume to confirm a potential breakout and continuation of the upward trend.