The chart for PAXG/USDT is flashing a classic "Cup and Handle" formation on the 4H timeframe, suggesting that the digital gold rush is far from over. ๐
With $PAXG currently trading at $5,214.80 (+2.41%), we are seeing a decisive bounce off the EMA(99) support (purple line). The MACD has just pulled a bullish crossover, and the green histograms are expandingโmomentum is shifting back to the bulls. As global inflation concerns linger in 2026, investors are rotating capital into tokenized gold for that 24/7 liquidity. ๐๏ธโจ
๐ The Trade Setup
* Entry: $5,210 โ $5,215 (Current Market Price)
* Target 1: $5,370 (Recent Resistance)
* Target 2: $5,600 (Previous Swing High)
* Stop Loss: Below $5,020 (Recent Wick Low)
Analysis: We've successfully retested the psychological $5,100 floor. If we break the $5,300 barrier, expect a parabolic move toward the $5.6k range.
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Trade here๐
