#PAXGUSDT Trading Analysis
While crypto markets face Extreme Fear (14), $PAXG (PAX Gold) is decoupling as institutional investors flee toward Real-World Assets (RWA). Today’s price action is a cooling period after yesterday’s 5.5% surge, providing a strategic entry for those who missed the bottom.
📊 Technical Snapshot
Current Price: ~$4,862 - $4,915
24h Trend: Bearish consolidation (-3% to -4%) following the rejection at $5,070.
Support: $4,750 - $4,800. This level lines up with the 50-day EMA
Indicators: RSI is at a neutral 46, having cooled off from overbought levels. The 200-day Moving Average is trending upward, confirming that the long-term bull market is intact despite recent turbulence.
🚀 Long Entry: $4,820 – $4,870
Target: $5,030 (Immediate resistance)
Stop Loss: $4,710 (Below the critical 50-day EMA)
If the market fails to reclaim $5,000 by the daily close, we may see a "double bottom" retest.
📉 Short Entry: $5,000 – $5,050 (Fading the resistance)
Target: $4,750
Stop Loss: $5,130
