$PAXG

PAXG
PAXG
4,931.08
-3.34%

/USDT | Market Update

Trend: Bullish Continuation

Market Type: Safe-Haven Strength (Gold-backed)

💰 Price: 5,083.63

📈 24h Change: +1.16%

📊 24h Volume: 14,186 PAXG | $71.98M

📊 Technical Overview • Price holding above MA(7), MA(25), MA(99) → strong bullish structure

• Moving averages aligned upward → trend confirmation ✅

• Higher lows forming → buyers in control

• No heavy rejection yet from highs → upside still open

Momentum remains bullish but steady, not overheated 👍

📌 Key Levels

🟢 Support Zones • 5,075 – 5,070 (MA cluster + intraday base)

• 5,055 – 5,040 (previous demand)

• 5,000 – 4,980 (major psychological support)

🔴 Resistance Zones • 5,130 – 5,150 (24h high zone)

• 5,200 (round number resistance)

• 5,280 – 5,300 (extension target)

🎯 Trade Scenarios

🟢 Bullish Continuation (Primary Bias) • Hold above 5,070

• Break & close above 5,130

• Targets: 5,200 → 5,280

🟡 Healthy Pullback • Re-test 5,070 – 5,050

• Strong bounce expected

• Buy-the-dip zone 🛒

🔴 Bearish Invalidation • Lose 5,000 with volume

• Short-term structure breaks

• Targets: 4,950 → 4,880

⚠️ Risk Notes • PAXG follows Gold + USD sentiment

• Sudden USD strength may cause pullbacks

• Volatility lower than BTC — leverage carefully

📌 Bias: Bullish

📌 Structure: Higher Highs & Higher Lows

📌 Invalidation: Daily close below 5,000

#PAXG #PAXGUSDT #Gold #CryptoTA #BinanceSquare #SafeHaven #MarketUpdate