đ $PAXG /USDT: TESTING KEY LEVELS â BREAKOUT OR CONSOLIDATION? âĄ
The $PAXG/USDT pair is currently trading at 2.656, near crucial support and resistance levels. Traders should stay vigilant as the market could be poised for a potential move.
đ Trade Scenarios:
Entry Point: 2.656
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 lies at 2.700. A breakout above 2.700 could lead to further gains toward 2.750 and 2.800. Conversely, a drop below 2.600 may indicate bearish momentum.
đ Market Outlook:
PAXG is consolidating near support at 2.600. A move above 2.700 could confirm bullish momentum, targeting higher levels. However, failure to hold support could lead to a retracement.
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