📉 $PAXG /USDT: Gold Bouncing Back?

After a sharp correction from its $5,650 peak, $PAXG is showing signs of life, currently trading at $4,908 (+9.01%).

The Game Plan:

Entry Zone: $4,750 – $4,850 (Wait for a solid retest of the MA-25 support).

Target 1: $5,035 (Immediate resistance at MA-7).

Target 2: $5,400 (Major recovery zone).

Stop Loss (SL): $4,450 (Below the recent long-wick low).

Trade Here 👇

PAXG
PAXGUSDT
5,030.53
+0.48%

Market Insight: The long lower wick suggests strong buying interest at the $4,480 level. However, the price is still below the MA(7), so expect some volatility before a full trend reversal.

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