๐จ๐ฅ $PAXG /USDT ALERT ON THE 15-MINUTE CHART โ PREPARE FOR A POTENTIAL BREAKOUT! ๐ฅ๐จ
The PAXG/USDT pair is trading near its 24-hour low at 2,750 USDT, showing a slight downward drift following a peak at 2,785 USDT. The price is now at 2,755 USDT, suggesting a potential support test at this level. With recent downward pressure, traders should stay alert for a potential reversal or further descent.
Current Price: 2,755 USDT
๐ฅ ENTRY POINT ๐ฅ
Long Entry Price: 2,760 USDT (if the price holds and gains momentum above current support)
Short Entry Price: 2,750 USDT (if support level breaks down)
๐ก CRITICAL LEVELS TO WATCH ๐ก
Key Resistance: 2,761 USDT โ Breaking this level could signal an upward trend and attract buyers.
Major Support: 2,750 USDT โ Crucial level; a drop below could trigger more selling pressure.
๐ฏ TAKE-PROFIT TARGETS ๐ฏ
1. First Target: 2,770 USDT
2. Second Target: 2,780 USDT
3. Third Target: 2,790 USDT
๐ STOP LOSS ๐
Stop Loss Level: 2,745 USDT โ Exit here if the downtrend continues.
โ ๏ธ CAUTIONARY NOTE โ ๏ธ
Traders should be cautious around the 2,750 USDT support level. If PAXG stabilizes, a short-term rebound may be likely. However, if it breaks below this support, be prepared for further downside. A breakout above 2,761 USDT could indicate a reversal with bullish momentum. Stay vigilant for quick price movements as the market decides its direction.
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