$PAXG (Paxos Gold) is currently trading at $5,076.04, showing a modest +0.48% gain in the last 24 hours. As a gold-backed stablecoin, PAXG mirrors the performance of physical gold and demonstrates strong bullish momentum across all timeframes: +2.65% (7 days), +9.84% (30 days), +22.50% (90 days), +52.39% (180 days), and an impressive +73.84% over 1 year. The price is trading above the MA60 at $5,073.89, indicating continued upward momentum. The 24h range of $5,032.00 to $5,133.18 shows relatively low volatility compared to typical crypto assets, making it a safer hedge play. Volume is moderate at 15,683.04 PAXG (79.73M USDT), with declining MA(5) at 1.0129 and MA(10) at 2.5532 suggesting consolidation. This asset serves as a digital gold proxy and tends to follow precious metals market trends.
**Entry Points:**
- Primary Entry: $5,050 - $5,070 (near MA60 support zone)
- Conservative Entry: $5,030 - $5,040 (retest of 24h low/strong support)
- Breakout Entry: $5,090 - $5,110 (above current resistance with momentum)
- DCA Strategy: Scale in between $5,000 - $5,080 for long-term holders
**Stop Loss:**
- For Primary Entry: $5,010 (below 24h low and psychological level)
- For Conservative Entry: $4,980 (below major support)
- Risk: 1-2% maximum (tight stops due to low volatility nature)
**Exit Points:**
- Target 1: $5,140 - $5,160 (short-term resistance, 1.5-2% gain)
- Target 2: $5,200 - $5,230 (psychological resistance, 3-4% gain)
- Target 3: $5,300 - $5,350 (medium-term target, 5-6% gain)
#PAXGUSDT #PAXG #CZAMAonBinanceSquare #USRetailSalesMissForecast