$PAXG /USDT – CONSOLIDATION PHASE HINTS AT AN UPCOMING BREAKOUT


PAXG is trading at $2,654, down 0.19% in the past 24 hours, as the market shows signs of indecision. The price remains confined within a tight range, with a daily low of $2,643 and a high of $2,670, reflecting a stalemate between buyers and sellers. The $2,643 level serves as a critical support—if breached, it could drive the price lower toward $2,641. On the other hand, holding this support might attract buyers for a potential upward reversal.

What’s Next: Bulls or Bears?
The 1-hour chart highlights ongoing pressure, with $2,670 acting as a strong resistance zone. A breakout above this level could ignite bullish momentum, propelling PAXG toward $2,677 or higher. However, failure to hold the $2,643 support may open the door for further declines. Traders should watch volume and price movements carefully—rising momentum above resistance could signal a bullish breakout, while losing support could confirm bearish continuation. A decisive move is on the horizon.

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