📊 $PAXG /USDT Market Analysis & Trade Plan

PAXG

5,249.57

+1.76%

💰 Market Overview:

🔹 Current Price: $2,972 (+0.34%)

🔹 24h High: $3,000

🔹 24h Low: $2,951

🔹 24h Volume: 3,525.66 PAXG / 10.48M USDT

📈 Key Levels & Trade Strategy

✅ Potential Entry Zones:

🔹 $2,960 - $2,970 – Support zone, possible bounce

🔹 $2,950 - $2,955 – Stronger demand area

🚀 Target & Resistance Levels:

🔹 $2,985 - $3,000 – Immediate resistance

🔹 $3,020 - $3,050 – Bullish breakout target

🔻 Support Levels:

🔹 $2,960 - $2,970 – First key support

🔹 $2,950 - $2,955 – Critical demand zone

📊 Indicators to Watch:

🔹 RSI – Overbought or neutral?

🔹 MACD – Any bullish crossover forming?

🔹 Volume – Increasing buying pressure?

🔔 Trade Plan:

📍 Scenario 1: Retest of $2,960 - $2,970 → Bounce → Target $2,985 - $3,020

📍 Scenario 2: Break below $2,950 → Look for dip-buying opportunities

⚠️ Risk Management:

🔹 Stop-loss: Below $2,945

🔹 Take profits: $3,000 - $3,050

#PAXGUSDT #GoldBackedCrypto #CryptoTrading