🚀 $PAXG /USDT: TESTING KEY LEVELS – BREAKOUT OR RETRACEMENT? ⚡
The $PAXG/USDT pair is currently trading at 2.658, near important support and resistance zones. Traders should be vigilant as the market sets up for a potential breakout or retracement.
📊 Trade Scenarios:
Entry Point: 2.658
Take Profit (TP) 1: 2.700
Take Profit (TP) 2: 2.750
Take Profit (TP 3): 2.800
Stop Loss (SL): 2.600
Support is holding at 2.600, while resistance is at 2.700. A breakout above 2.700 could push the price towards 2.750 and 2.800. On the downside, a drop below 2.600 may signal a bearish retracement.
📉 Market Outlook:
PAXG is currently testing support at 2.600, and if this level holds, there is potential for a move higher toward 2.700 and beyond. A breakout above 2.700 would confirm bullish momentum, while a drop below support could trigger further downside.
🔥 What’s your outlook on PAXG? Share your thoughts in the comments! Don’t forget to like, follow, and stay tuned for more updates. 📈💬
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