$PAXG Bullish continuation after steady higher lows and strong push into range highs.
I’m seeing controlled accumulation followed by clean expansion. Price formed a base near 4,970, printed consistent higher lows, and then pushed aggressively toward 5,080. Even the sharp downside wick during the move was instantly absorbed. That tells me buyers are defending dips.
On the 1H structure, momentum is clearly upward. Pullbacks are shallow and quickly reclaimed. We’re now holding above 5,050, which flips prior resistance into short-term support. As long as this zone holds, upside pressure remains.
I’m not fading strength. I’m trading continuation.
Entry Point: I’m interested in 5,045 – 5,070 on controlled pullbacks and tight consolidation above support.
Target Point: TP1: 5,100 TP2: 5,150 TP3: 5,220
Stop Loss: 4,990 (below structural higher low and demand zone)
How it’s possible: If price continues holding above 5,020 and builds pressure under 5,080, breakout traders will step in. Short positions placed near highs can get squeezed. With higher lows and bullish structure intact, liquidity above 5,100 can be targeted quickly. Momentum in metals can accelerate once highs are cleared.
Risk is defined. Structure is strong. Trend favors continuation.
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$PAXG Bullish continuation after steady higher lows and strong push into range highs.
I’m seeing controlled accumulation followed by clean expansion. Price formed a base near 4,970, printed consistent higher lows, and then pushed aggressively toward 5,080. Even the sharp downside wick during the move was instantly absorbed. That tells me buyers are defending dips.
On the 1H structure, momentum is clearly upward. Pullbacks are shallow and quickly reclaimed. We’re now holding above 5,050, which flips prior resistance into short-term support. As long as this zone holds, upside pressure remains.
I’m not fading strength. I’m trading continuation.
Market Read:
Higher low structure intact. Strong impulse leg toward 5,080. Buyers defending 5,020–5,050 zone. If 5,080 breaks cleanly, momentum expands.
Entry Point:
I’m interested in 5,045 – 5,070 on controlled pullbacks and tight consolidation above support.
Target Point:
TP1: 5,100
TP2: 5,150
TP3: 5,220
Stop Loss:
4,990 (below structural higher low and demand zone)
How it’s possible:
If price continues holding above 5,020 and builds pressure under 5,080, breakout traders will step in. Short positions placed near highs can get squeezed. With higher lows and bullish structure intact, liquidity above 5,100 can be targeted quickly. Momentum in metals can accelerate once highs are cleared.
Risk is defined. Structure is strong. Trend favors continuation.
Let’s go and Trade now $PAXG