🚨 $PAXG / USDT Market Update
Price has pushed above the $5,040 resistance level and is holding strength near $5,078. The structure remains constructive, with higher highs and higher lows forming. As a token backed by physical gold and issued by Paxos Trust Company, PAX Gold (PAXG) often shows price behavior tied more closely to gold than the broader crypto market.
📈 Trend Continuation Setup
Entry: $5,060 – $5,080
TP1: $5,120
TP2: $5,150
TP3: $5,200
SL: $5,020
🔁 Pullback Entry (More Conservative)
Entry: $5,000 – $5,030
TP1: $5,080
TP2: $5,100
SL: $4,980
🔑 Key Levels
Resistance: $5,120 / $5,150 / $5,200
Support: $5,040 / $5,000 / $4,990 / $4,950
⚠️ Risk Reminder: While PAXG tends to move more steadily compared to many cryptocurrencies, volatility can still occur. Consider limiting risk to 1–2% per trade and always manage position size carefully.
