$PAXG /USDT – MARKET UNCERTAINTY SIGNALS INDICATE A POTENTIAL BREAKOUT SOON... Fully in a consolidation phase..
PAXG is currently trading at $2,654, showing slight weakness with a decline of 0.19% over the last 24 hours. The price remains in a range between the daily low of $2,643 and the high of $2,670, signaling market uncertainty. The sideways movement reflects the struggle between buyers and sellers, with $2,643 acting as a key support level. A breakout below this level could push PAXG further down to $2,641, while holding this zone may attract buyers for a potential reversal.
Next move: Bulls or Bears?
On the hourly chart, PAXG remains under pressure, but repeated deviations around $2,670 highlight a key resistance level. A breakout above this zone could initiate a new upward trend to $2,677 or higher. Traders should closely monitor volume and price action at these levels — an increase in momentum above resistance may confirm a bullish breakout, while failure to hold support could lead to further declines.