Paxganalysis

PAXGUSDT (Gold) - 4H Timeframe weekly Analysis PAXGUSDT Gold 4H Timeframe Current Situation Price is currently 4536 and has broken below the important 4600 level. That level has now turned into resistance. --- Resistance Levels Selling Zones Level: 4580 to 4600 Strength: Very Strong Comment: Broken support now resistance Level: 4670 to 4700 Strength: Strong Comment: Previous consolidation area Level: 4780 to 4820 Strength: Very Strong Comment: Multiple highs zone Level: 4880 to 4920 Strength: Major Comment: April major high Level: 5000 to 5050 Strength: Major Comment: Psychological level and previous swing --- Support Levels Buying Zones Level: 4500 to 4520 Strength: Immediate Comment: Near current price important Level: 4430 to 4460 Strength: Strong Comment: May low and order block area Level: 4250 to 4280 Strength: Very Strong Comment: Strong demand zone Level: 4150 to 4200 Strength: Major Comment: March absolute low strongest support --- Trading Bias Short term: Slightly bearish unless price moves back above 4600. If 4500 breaks then price may drop quickly toward 4430 to 4280. If price closes convincingly above 4600 a bullish reversal is possible. My Opinion on PAXGUSDT 4H Chart Current bias is slightly bearish to neutral. Price has broken below the important 4600 level and momentum looks weak. I do not recommend aggressive short selling right now. The higher probability trade is to buy from strong support. Best Trade Setup Right Now 1. Preferred Setup: Long Entry: Buy near 4510 to 4535 or Best entry zone: 4440 to 4470 This is a strong support area where price can bounce. Trade Details: Entry: Buy between 4440 and 4470 Stop Loss: 4390 First Target: 4580 to 4600 Second Target: 4670 Third Target: 4780 to 4820 This setup has very good risk reward. Only take short if price breaks and closes below 4500 and then retests 4500 as resistance. Entry: Short Entry: 4490 to 4510 Stop Loss: 4555 Targets: 4430 then 4280 then 4200 Final Recommendation: My favorite trade is to wait for the 4440 to 4470 zone for long entries. This is the cleanest setup with better risk to reward.

PAXG/USDT Perpetual - Analysis 1H Timeframe my Direction Long PAXG/USDT Perpetual - Support and Resistance Analysis 1H Timeframe Current Price approximately 4691 Resistance Levels (Upside) Level R1 Price Zone 4720 - 4725 Strength Immediate resistance recent rejection zone Level R2 Price Zone 4750 - 4755 Strength Strong resistance recent swing high Level R3 Price Zone 4775 - 4800 Strength Major resistance psychological level Support Levels (Downside) Level S1 Price Zone 4670 - 4675 Strength Immediate support Level S2 Price Zone 4645 - 4650 Strength Strong support multiple touches Level S3 Price Zone 4625 - 4630 Strength Critical support recent low Level S4 Price Zone 4595 - 4600 Strength Major support psychological and structure Trading Insights Current Structure Price is trading within a range 4625 - 4755 RSI is approximately at 48 neutral zone no clear momentum Key Scenarios Bullish Case If price breaks 4725 with volume then next target 4750 then 4775 Bearish Case If price closes below 4670 then 4645 and then 4625 could be tested Critical Level 4625 if this breaks the trend will become bearish and it could fall toward 4595 Suggestion Range trading Buy near support 4650 - 4670 Sell near resistance 4720 - 4750 Breakout trading Wait for a clean break of 4755 for long or 4625 for short Always use stop loss risk management is essential