$PAXG /USDT BULLISH CONSOLIDATION — GOLD-BACKED TOKEN READY FOR ANOTHER PUSH UP! 🪙✨
$PAXG has been trading in a tight range between $3,920 and $4,030, showing strong stability after a recent bullish run. The 4H chart reveals a steady uptrend structure with price holding above both the 20EMA and 50EMA, indicating healthy accumulation. The MACD remains in positive territory, suggesting underlying bullish pressure. A breakout above $4,030 could open the path toward the next resistance zones, aligning with the broader strength in gold prices.
Trade Setup:
Entry (Long): $3,950 – $3,970
Take Profit (TP): $4,030 / $4,080 / $4,150
Stop Loss (SL): $3,910
Market Outlook:
As traditional markets lean toward risk-off sentiment, gold-backed assets like are finding renewed investor interest. Maintaining momentum above the $3,920 base could confirm the start of another bullish leg targeting higher resistance levels in the coming sessions.
#PAXG #GoldToken #BullishConsolidation #CryptoTrading #Binance $PAXG
