$PAXG
/ USDT – Gold-Backed Token Showing Strength
$PAXG is trading around 4,132.30, up 0.92% for the day, as buyers defend the crucial 4,100 support level. The 30-minute chart shows steady consolidation after a pullback from the 4,200 high — a sign of accumulation before the next move.
As long as price stays above 4,100, bullish momentum remains intact. $PAXG continues to reflect gold’s stability, drawing traders seeking safety amid market volatility.
Targets:
• 4,180
• 4,220
Major Resistance: 4,260
Support Zone: 4,050 (if 4,088 breaks)
A breakout above 4,200 could confirm renewed upward momentum.
Trend: Cautiously bullish with strong buying interest and solid fundamentals.
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