$PAXG /USDT Price Action Update: What’s Next?🔥💯

Current Price: $2632 (+0.88%)

Resistance: $2645 | Support: $2615

📈 Long Entry: Break above $2645 with strong volume. Target: $2665-$2680.

📉 Short Entry: Breakdown below $2615. Target: $2600-$2585.

Market Outlook:

PAXG/USDT is testing its key resistance zone at $2645, signaling potential bullish continuation. The upward momentum is supported by strong buying pressure visible in recent candlesticks. However, caution is advised as the price is nearing overbought zones.

Next Move:

• Bullish Breakout: If $2645 is breached, the pair might rally toward $2680, aligning with the upper channel trend.

• Bearish Reversal: Failure to hold $2630 could retest $2615 and trigger a drop to $2600.

Actionable Insights:

• Lock partial profits near $2650 for long trades.

• Adjust stop-loss to $2630 for bullish positions to secure gains.

• Use tight risk management for short trades below $2615.

#GrayscaleSUITrust #USUALBullRun #MarketPullback #MarketCorrectionBuyOrHODL?