🚀 SIGNAL: PAXG/USDT (LONG) 📈
The market has cooled down, and PAXG is currently sitting at a major support level. This looks like a solid "Buy the Dip" opportunity for a recovery play.
🟢 ENTRY: $4,740 - $4,820
🎯 TARGET 1: $4,950
🎯 TARGET 2: $5,120
🎯 TARGET 3: $5,350+
🛑 STOP LOSS: $4,580
💡 TECHNICAL ANALYSIS:
1. Support Zone: PAXG is testing a strong historical support area after a healthy correction from $5,600.
2. RSI Recovery: Indicators show the asset is oversold on shorter timeframes, signaling a potential trend reversal.
3. Safe Haven: With global market volatility, Gold-backed tokens like PAXG often see a surge in demand.
⚠️ ADVICE: Use 3x-5x leverage max. PAXG moves steadily, so patience is key.
PAXGUSDT
Perp
4,943.7
+5.03%