$PAXG USDT (Trading View)
Trend: Strong bullish. Price is making higher highs and higher lows.
Moving Averages: Price is well above EMA 7, 25, and 99, confirming strong upside momentum.
Momentum: Recent rally is sharp; short-term overextension possible, so a small pullback wouldn’t be surprising.
Volume: Increased volume on the push up → buyers are in control.
Key Levels#PAXG
Resistance: 5,125 – 5,170
Support: 4,940 – 4,720 (strong), then 4,500
Trade Idea
Buy on pullback near 4,940–4,800
Targets: 5,125 → 5,200
Invalidation / SL: Below 4,720
Bullish while above key EMAs, aligned with risk-off sentiment favoring gold-backed assets.
