Price is trading near $5,030, after a sharp rejection from $5,083 and a clean bounce off $5,008. The pullback looks controlled, not panic — price is stabilizing around key moving averages as volatility cools.
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🔥 $PAXG /USDT holding the line! 🪙
Price is trading near $5,030, after a sharp rejection from $5,083 and a clean bounce off $5,008. The pullback looks controlled, not panic — price is stabilizing around key moving averages as volatility cools.
📈 Trend: Range-bound, bullish defense
🧱 Strong Support: $5,010 – $5,000
🚀 Resistance: $5,060 → $5,085
⚡ Bias: Bullish recovery while above $5,000
This feels like smart money defending the zone. If buyers reclaim $5,060, momentum can flip fast. Gold-backed strength is still in play 👀🔥$PAXG #WalshSaysToCautiouslyShrinkBalanceSheet #CelebratingNewYearOnGateSquare