๐จ Technical analysis for coin $PAXG | 4-hour timeframe
๐น Current price: $4,167 ๐ (+2.52% in 24h)
โ It is moving within a clear uptrend, with continued formation of higher highs and higher lows, confirming buyersโ control over the overall direction.
โ A clear break above previous resistance zones with accelerating positive momentum, reflecting the strength of the uptrend.
โ The $4,038 โ $3,997 area represents key support / demand.
โ It is moving above the 50 level at 68.19, which supports the continuation of positive momentum.
๐ผ Bullish scenario (uptrend):
If it holds steady and breaks above $4,231
๐ฏ $4,255 โ $4,340 โ $4,433$
๐ฝ Bearish scenario (downtrend):
If it breaks $4,095 with a 4-hour close
โ $4,038 โ $3,997 โ $3,517$
๐ Note: Any pullback toward support zones is a potential opportunity within the uptrend.
$PAXG #PAXG
๐น Current price: $4,167 ๐ (+2.52% in 24h)
โ It is moving within a clear uptrend, with continued formation of higher highs and higher lows, confirming buyersโ control over the overall direction.
โ A clear break above previous resistance zones with accelerating positive momentum, reflecting the strength of the uptrend.
โ The $4,038 โ $3,997 area represents key support / demand.
โ It is moving above the 50 level at 68.19, which supports the continuation of positive momentum.
๐ผ Bullish scenario (uptrend):
If it holds steady and breaks above $4,231
๐ฏ $4,255 โ $4,340 โ $4,433$
๐ฝ Bearish scenario (downtrend):
If it breaks $4,095 with a 4-hour close
โ $4,038 โ $3,997 โ $3,517$
๐ Note: Any pullback toward support zones is a potential opportunity within the uptrend.
$PAXG #PAXG