#PAXG PAXG – "digital gold" is testing a key support area✨

The digital gold token PAX Gold ( PAXG ) is currently trading at around $4,007, just not far from the significant bottom area of $3,951 over the past 24 hours—this is a support level with both psychological significance and technical factors, and buyers need to protect this support level to maintain the medium-term upward trend.
🔍 Technical Analysis:
🛡️ Strong support: $3,951 ( bottom area 24h)
This is an area that has seen strong buying interest during recent adjustments. If PAXG can remain stable in this area, the likelihood of forming a short-term bottom is very high.
⚡ Recent resistance: $4,094 ( top 24h)
This is a price area where sellers are active. A breakout and close at this level will provide an opportunity for a technical rebound.
🎯 Breakthrough target: $4,325+
If the price breaks through the accumulation pattern and short-term resistance, the $4,325 area will be the next target - equivalent to an increase of over 5% from the current level.
📊 Price Trend:
PAXG is currently trading below the moving average of MA(7), indicating that short-term pressure still exists. However, the tight accumulation near the support area suggests that long-term investors may be quietly accumulating.
If the traditional gold market remains stable or rises slightly, PAXG may react more strongly due to its high liquidity and ability to directly reflect the price of physical gold.