PAXG
4,485.28
+0.21%
Extremely volatile session for $PAXG! After a sudden drop to the $4,141 local low, price is struggling to reclaim the EMA(7) at $4,402. 📉📊
The order book is showing a massive bearish imbalance with 70.75% Offer dominating the market. Despite the quick 6% rebound from the bottom, the high selling pressure suggests we might need a consolidation phase before any real recovery. 📉🐋
Strategic Move:
Watch for a strong close above $4,450 to confirm a short-term reversal. If we break below $4,300 again, a retest of the $4,141 floor is almost certain. Are you buying this "Golden Discount" or staying away? 👇💰