PAXG has recently shown interesting trading signals. The 30-minute candlestick volume surged by 55.9%, with the current price at 4439.39 USDT. From a technical perspective, the level of 4436.72 has become a key support—less than 0.2% away from the 1-hour baseline—and the entire support zone fluctuates between 4406.8 and 4455.69.



Why pay attention to this? A sudden increase in volume often signals that a market move is about to start. When funds begin to flow in intensively, it usually indicates that traders are preparing for a big move.

From a trading perspective, where are the current opportunities? Placing long positions around 4436.72 is one idea. This price is close to the support level, and the risk is relatively manageable. But don’t forget, such rapidly changing markets require close monitoring, and the subsequent trend of PAXG may quickly provide an answer.
PAXG0,72%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
SmartContractRebelvip
· 01-08 22:57
Trading volume suddenly surged by 55.9%. This kind of situation definitely needs to be closely monitored, but I’m more interested in seeing whether it will directly break the support level. What does the grayscale side say? Still better to honestly place long orders around 4436.
View OriginalReply0
MEVictimvip
· 01-08 06:55
Trading volume skyrocketed, and it's no surprise that a move is coming. Whether it can hold steady at 4436 this time is really the key.
View OriginalReply0
BlockchainTherapistvip
· 01-08 06:52
Trading volume has increased. Whether this wave can yield gains depends on what happens next. The 4436 level is indeed good, but I still feel it's a bit too textbook.
View OriginalReply0
BlockchainFriesvip
· 01-08 06:47
Doubling trading volume is definitely something to watch out for, but it feels like the same old story... Every time they say "about to launch," and then what happens?
View OriginalReply0
ProofOfNothingvip
· 01-08 06:46
With such a strong trading volume, others are having a meal while we're mining.
View OriginalReply0
BlockchainBrokenPromisevip
· 01-08 06:43
The trading volume surged by 55.9%... to be honest, it's a bit fake. It depends on whether it can hold above 4436.72 in the follow-up; otherwise, it's just a false alarm.
View OriginalReply0
AirdropHunterZhangvip
· 01-08 06:36
Trading volume surges by 55.9%? I’m too familiar with this trick—sometimes they pump, sometimes they dump. Key support levels are just so-so once broken. Going long at 4436.72? Bro, I’d rather wait for a free airdrop to come faster. Going all-in is too risky; making money quietly is the real way to go.
View OriginalReply0
ShitcoinArbitrageurvip
· 01-08 06:31
Trading volume surges by 55.9%? I’m too familiar with this trick. Every time they say big moves are brewing, but then it drops right after, probably just a trap to lure more in.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)