$PAXG /USDT, which is a tokenized version of gold (PAX Gold). It closely tracks the price of physical gold, making it less volatile than typical crypto assets and ideal for low-risk or hedge-style trading.
๐ PAXG/USDT Snapshot
Current Price: $3,338.03
24h Range: $3,321.00 โ $3,363.00
24h Volume: 4,434 PAXG (~$14.85M)
Exchange: Binance
Asset Type: Tokenized Gold (tracks spot gold price closely)
๐ Key Price Zones
Resistance:
$3,363.00 (24h high)
$3,378.00 โ $3,384.00 (order book + supply zone)
Support:
$3,321.00 (24h low)
$3,309.00 (local demand)
$3,285 โ $3,260 (deeper pullback zone)
โ๏ธ Trade Setup (Range to Breakout Strategy)
Since PAXG is range-bound and tightly correlated with gold, consider both bounce and breakout scenarios.
โ Range Reversal Buy (Safe Pullback Play)
Entry Zone: $3,310 โ $3,321
Stop-Loss: $3,284
Targets:
$3,338 (mid-range)
$3,363 (range high)
$3,378 (extension target)
Ideal if gold stays stable and BTC is calm.
โ Breakout Long Setup
Entry: Above $3,365 (confirmed breakout w/ volume)
Stop-Loss: $3,338
Targets:
$3,384 (depth resistance)
$3,400+ (round number, psychological target)
Use this if gold breaks out or DXY weakens.
๐งจ Breakdown Short Setup
If price loses $3,284 with momentum:
Entry: Below $3,280
Stop-Loss: $3,310
Targets: $3,260 โ $3,240
Use with caution, as gold is generally bullish during macro instability.
๐ Indicators to Confirm Moves
RSI (1H or 4H) above 55 = long bias
MACD bullish crossover = confirmation
Gold spot price (XAU/USD) also rising = boost to PAXG
โ Summary Table
StrategyEntryStop LossTargetsRange Buy$3,310 โ $3,321$3,284$3,338 โ $3,363 โ $3,378Breakout Buy> $3,365$3,338$3,384 โ $3,400+Breakdown Short< $3,280$3,310$3,260 โ $3,240
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