PAXG/USDT (Tokenized Gold) — Weekly
Current price: R$ 21.004 (~4.142,89 USDT), down slightly by 0,14% in 24h.
Main support: 3.943,18 USDT, reinforced by the EMA(99) at 3.892, which also aligns with the uptrend line coming from the 1.716 area (2023). As long as this area holds, the structural trend remains positive.
Main resistance: 4.436,75 USDT, with intermediate obstacles at 4.167 and 4.691. Above that, the all-time high at 5.650,86 is the target in the event of a breakout.
Chart pattern: the weekly chart shows a correction from the high of 5.650, with price testing the confluence zone between the ascending trend line and the EMA(99). The RSI(6) at 35,26 indicates selling pressure nearing oversold territory, but with no confirmed reversal; the visible pattern is more of a correction within the uptrend than a reversal. Consolidation between 3.943 and 4.436 is the most likely short-term scenario.
⚠️ This is not investment advice, only an informative technical analysis.
#PAXGU $PAXG
$PAXG
Current price: R$ 21.004 (~4.142,89 USDT), down slightly by 0,14% in 24h.
Main support: 3.943,18 USDT, reinforced by the EMA(99) at 3.892, which also aligns with the uptrend line coming from the 1.716 area (2023). As long as this area holds, the structural trend remains positive.
Main resistance: 4.436,75 USDT, with intermediate obstacles at 4.167 and 4.691. Above that, the all-time high at 5.650,86 is the target in the event of a breakout.
Chart pattern: the weekly chart shows a correction from the high of 5.650, with price testing the confluence zone between the ascending trend line and the EMA(99). The RSI(6) at 35,26 indicates selling pressure nearing oversold territory, but with no confirmed reversal; the visible pattern is more of a correction within the uptrend than a reversal. Consolidation between 3.943 and 4.436 is the most likely short-term scenario.
⚠️ This is not investment advice, only an informative technical analysis.
#PAXGU $PAXG
$PAXG