$PAXG 🔥🔥🔥

/USDT Technical Analysis

Gold-backed crypto, PAXG, is showing mixed movement today. Here's the breakdown:

Current Price: $2,638 (-0.79%)

24h Range: $2,597 - $2,661

Volume: $7.10M

Key Targets to Watch:

🎯 Target 1: $2,650

A breakout above this level signals bullish momentum, with potential gains toward higher resistance zones.

🎯 Target 2: $2,620

Strong support zone; if breached, further downside to $2,600 could be expected.

🎯 Target 3: $2,597

The day’s low acts as a critical level; sharp rebounds from here could present buying opportunities.

Next Steps: Monitor volume and RSI indicators for potential trend reversals. Short-term traders should set tight stop-losses near $2,620 for risk management.

Stay informed and plan your trades wisely on Binance!