$PAXG / USDT – Market Outlook (1H) | Obsimind Analysis
PAXG is trading around $4,194, showing a mild –0.03% pullback in the last hour.
After tapping the $4,226 – $4,230 resistance, price faced rejection and slipped toward local support.
Market Structure
Clear rejection from $4,226 (intraday supply zone)
Strong bearish impulse candle formed, indicating short-term weakness
Price now hovering near $4,190 – $4,200 support
Key Levels
🟩 Support Zones
• $4,190 – $4,180
• Next major support: $4,150
🟥 Resistance Zones
• $4,210 – $4,226 (key intraday rejection zone)
• Break above $4,230 could push price toward $4,260 – $4,300
Bullish Scenario
If $PAXG holds $4,190 support and prints a strong bullish candle:
➡️ Potential reversal toward $4,210 → $4,226 → $4,260
Bearish Scenario
If the $4,188 support breaks, expect:
➡️ $4,160
➡️ Strong support at $4,150
Market Sentiment
Buy/Sell pressure is nearly balanced (47% buy vs 52% sell).
This signals indecision, so traders should wait for a clear breakout from the current range.
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📌 Conclusion
$PAXG is in a short-term pullback phase, sitting on a key support.
Watch $4,190 (support) and $4,226 (resistance) — a break on either side will set the next direction.
Trade smart. Manage risk. Charts don’t lie. 📊🔥#PAXG
