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$PAXG is under heavy pressure after the rejection from the $4,762 zone, but buyers are starting to defend the market near key support again. 👀
The sharp selloff shook confidence fast, yet price is now slowing down around the $4,540 region instead of collapsing further.
That usually signals panic is fading while smart money begins watching for a rebound.
Gold-backed assets become dangerous when volatility compresses after fear. ⚡️
▫️Entry Zone: $4,535 – $4,550
▫️SL: Below $4,500
▫️TP1: $4,620
▫️TP2: $4,700
▫️TP3: $4,760+
Volume surged during the dump, but sellers are losing momentum while support keeps holding.
If PAXG reclaims strength above resistance, the recovery move could accelerate much faster than traders expect. 🚀
$PAXG
#GateSquareMayTradingShare
#CMEToLaunchNasdaqCryptoIndexFutures