🚀 $PAXG /USD: CONSOLIDATING NEAR KEY LEVELS – WATCH FOR A BREAKOUT! ⚡
The $PAXG /USD pair is currently trading at $2,669, holding steady near crucial support and resistance zones. Traders should stay alert for a potential breakout or retracement as the market prepares for its next move.
📊 Trade Scenarios:
Entry Point: $2,669
Take Profit (TP) 1: $2,700
Take Profit (TP) 2: $2,740
Take Profit (TP 3): $2,780
Stop Loss (SL): $2,620
Support is at $2,620, while resistance is at $2,700. A breakout above $2,700 could signal further upside momentum, targeting $2,740 and $2,780. However, a drop below $2,620 may indicate bearish pressure and a potential retracement.
📉 Market Outlook:
PAXG is testing the resistance zone near $2,700. A successful breakout could lead to a strong bullish move, while failure to break above resistance may result in a pullback toward $2,620.
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