📊 $PAXG /USDT Technical Analysis
Current Price: 5,022.64 USDT
24h Change: +1.71%
24h High: 5,027.78
24h Low: 4,913.41
24h Volume: 36.11M USDT
🔎 What is PAXG?
(PAXG) is a gold-backed digital asset issued by . Each token represents one fine troy ounce of physical gold stored in vaults. It usually moves in correlation with real gold prices.
📈 Market Structure Overview
🟢 Short-Term Trend (15m – 1H)
Price is holding near daily high
Strong bullish momentum
Buyers defending 4,950–4,970 zone
If price sustains above 5,000, continuation toward 5,080–5,150 is possible.
🔵 Mid-Term Trend (4H)
Higher lows forming
Clear breakout above 4,925 resistance
Momentum favors bulls unless breakdown below 4,900
🔑 Key Levels
🟩 Support Zones:
4,925 (recent breakout level)
4,808
4,691
🟥 Resistance Zones:
5,080
5,133
5,160 (major supply area)
📊 Trade Scenarios
🚀 Bullish Case:
Hold above 5,000
Target: 5,080 → 5,133 → 5,160
⚠️ Bearish Case:
Lose 4,925
Pullback toward 4,808 possible
💡 Market Insight
Since PAXG tracks physical gold, keep an eye on:
US Dollar strength
Interest rate expectations
Geopolitical tensions
Gold strength = PAXG strength.
If you want, I can also provide:
Entry/SL/TP scalping setup
Swing trade plan
Gold macro outlook for next 2–4 weeks