🚀 $PAXG /USDT – Gold-Backed Crypto Holding Strong Above $2,940! 🏆

PAXG

5,047.76

+2.32%

📊 Momentum Analysis: PAXG is maintaining bullish momentum, trading at $2,941 (+0.79%), nearing its 24h high of $2,944. Strong demand keeps it above key support at $2,908, with a 24h trading volume of 1,553 PAXG ($4.55M USDT).

📈 Long Setup:

🔹 Entry Zone: $2,930 – $2,940

🔹 Targets: T1 $2,950 | T2 $2,965 | T3 $2,980

🔹 Stop Loss: $2,915

⚡ Breakout Confirmation & Key Support:

✅ Breakout Above: $2,945 → Eyes on $2,965+

🛡️ Support Zone: $2,908 – $2,926

🔥 Pro Tip: Gold-backed digital assets like PAXG tend to move with traditional gold markets. Watch for macroeconomic events and US inflation data that could impact price movements.

🔎 Market Depth (BINCE Exchange):

🟢 Buyers Strong at: $2,937 – $2,941

🔴 Sellers Sitting at: $2,944 – $2,945

📅 Timeframe Analysis: 15m | 1h | 4h | 1D – Bullish Sentiment Continues!

📢 #PAXG #GoldCrypto #Bitcoin #CryptoTrading #Bullish