The price of PAXG is consolidating at $5,074, but the charts tell us that the silence won’t last long.
What you need to know right now:
Spring Effect: The moving averages have compressed. A strong and fast movement is coming.
Key Levels: Vital support at $5,032 and resistance to break at $5,100.
Note: There is fatigue in the purchases; a small correction before continuing to rise is the most likely scenario.
Strategy: Don't chase the price. Wait for the confirmed breakout or an entry near support.
What do you say? Do we break up or do we look for a rebound down? I read you in the comments! 👇
PAXG
4,928.4
-2.84%