$PAXG is showing strong bullish activity right now. The current price is trading around 4,316 USDT, with a +0.47% move in the last 24 hours, and momentum is clearly shifting in favor of the bulls.
After a clean bounce from the 4,307 support zone, price printed a strong impulsive green candle, followed by healthy consolidation above the breakout area. This kind of structure usually signals continuation rather than exhaustion.
Market Structure Insight (1H Timeframe)
Price respected the demand zone near 4,300–4,307
Strong bullish engulfing candle indicates aggressive buying
Higher lows are forming → bullish market structure
Consolidation above 4,315 suggests buyers are defending gains
As long as price holds above the breakout base, the probability favors upside expansion.
Trade Setup (Short-Term Swing)
Entry Zone:
4,305 – 4,325
Target 1 :
4,360 (recent high / minor resistance)
Target 2 :
4,420 (range extension & psychological level)
Target 3 :
4,500 (strong resistance & momentum target)
Stop Loss :
4,280 (below structure support)
What Happens Next?
If 4,360 is broken with strong volume, PAXG can accelerate quickly, as there’s limited resistance overhead. Gold-backed assets tend to move sharply once momentum aligns, and this setup fits that narrative perfectly.
Bias: Bullish
Invalidation: Clean break below 4,280
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