$PAXG Bullish Breakout Setup
A short liquidation at $4,621.6 ($1.80K) signals sellers getting squeezed, often marking the start of renewed upside momentum as buyers take control.
Key Levels
Support: $4,600 – $4,565
Breakout Zone: $4,640 – $4,680
Resistance: $4,750 – $4,850
Trade Setup (Long Bias)
Entry: Hold above $4,640, or confirmed break & close over $4,680
Targets:
TP1: $4,750
TP2: $4,850
TP3: $5,000
Stop Loss: Below $4,550
Market Sentiment
The short squeeze has reduced sell pressure and shifted control to the bulls. If PAXG sustains above the breakout zone with volume, continuation toward higher liquidity levels is favored.
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PAXG
4,880.64
-2.35%