$PAXG USDT – GOLD-BACKED STABILITY WITH A BULLISH BIAS
CONSOLIDATION NEAR RANGE HIGH
MINOR BREAKOUT SIGNALING FRESH MOMENTUM
$PAXG is showing strong resilience above $3,400, holding tightly within a narrow bullish channel. The price has recently touched a high of $3,427.88 and continues to push against resistance with increased stability, supported by a 24h volume of $12.63M.
Trade Setup (Long):
📍 Entry: $3,415 – $3,420
🎯 Target 1: $3,445
🎯 Target 2: $3,470
🛡 Stop Loss: $3,385
A decisive break above $3,430 could spark a short-term move toward higher gold parity pricing. The steady volume and narrow price range signal strength rather than exhaustion.
Outlook: As long as $3,385 holds, bulls may maintain momentum. Safe-haven demand could further support the trend.
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