📈 PAXG/USD Holds Key Demand Zone — Short-Term Bullish Momentum
PAXG is trading above the $4,700 demand zone, showing accumulation and forming higher lows. Momentum favors buyers in the short-term, with resistance near $4,850–$4,870 the next key area to watch.
Key Facts:
• Current Price: $4,745
• 24H Range: $4,700 – $4,780
• Demand Zone: $4,700 – $4,720
• Resistance Zone: $4,850 – $4,870
• 24H Volume: 3,200 PAXG
• Technical Indicators:
- RSI(14) = 61 → bullish, not overbought
- MACD above signal line → momentum favors buyers
- EMA 50/200 crossover confirmed → bullish trend continuation
Expert Insight:
As long as PAXG holds above $4,700, buyers remain in control. A breakout above $4,850 could trigger a short-term rally toward $5,000, while failure to defend demand may see a retest near $4,680.
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