$PAXG /USDT Trading Signal - Consolidation with Breakout Potential?

Entry Zone: $2,641 – $2,651

Targets:

Target 1: $2,660

Target 2: $2,670

Stop Loss: $2,630

Observation:

PAXG is trading within a tight consolidation zone, with a recent low of $2,641 acting as strong support. A breakout above $2,660 could signal further bullish momentum toward $2,670. However, a breakdown below $2,641 may trigger additional downside pressure.

Strategy:

Enter near the support zone to maximize potential gains with minimal downside risk.

Lock in partial profits at $2,660 and aim for $2,670 with the remaining position.

Watch for volume spikes as confirmation of a breakout.

Risk Note: Range-bound conditions could lead to false breakouts. Maintain a disciplined stop-loss to protect capital.

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