$PAXG /USDT Long Signal
Current Price: $5,083.40 ✅
Entry Zone: $5,075 – $5,090
This range offers a good risk/reward for entering near support levels.
Stop Loss (SL): $5,040
Below recent swing low. Protects against a breakdown.
Targets (TP):
TP1: $5,120 – first resistance and recent minor high.
TP2: $5,140 – psychological level + intermediate resistance.
TP3: $5,160 – next key resistance, potential breakout area.
Key Levels to Watch:
Support: $5,050 – strong short-term support.
Resistance: $5,110 – short-term resistance, watch for volume breakout.
Psychological Round Number: $5,100 – often acts as pivot.
Risk/Reward:
SL: ~$43 below entry (~0.85%)
TP1: ~$36 above entry (~0.71%)
TP2: ~$57 above entry (~1.12%)
TP3: ~$77 above entry (~1.52%)
Notes:
Look for confirmation of bounce at $5,075–$5,090 before entering.
Maintain tight stop if price breaks below $5,050.
Volume spikes near $5,110–$5,120 may indicate continuation toward TP3.