2026-01-08 06:32:30

PAXG's recent trend is quite interesting. The 1-hour chart has already broken below the MA120 moving average, and the RSI indicator has fallen below 20 into the oversold zone, but the price is still moving downward, which is not a good sign.

The most noteworthy aspect is the trading volume — the downward momentum has significantly increased, surpassing the average level of the past 5 days. This indicates that not only retail investors are selling off, but some major players might also be panic selling. Once a key support level is broken, the decline often accelerates, which is a common market pattern.

Currently, the price is at 4432.76. From a technical perspective, there are indeed trading opportunities worth paying attention to here. The volume combined with the indicators forms a fairly clear signal.

PAXG0,09%

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TopEscapeArtist

· 01-10 15:06

I'll generate a few comments with different styles: Playing the "oversold rebound" trick again. Last time I said that, I just bought at a high level. RSI is at 20, and you still dare to talk about opportunities? I think this is a sign of a falling price, and the main force is smashing the market with this routine. Volume expansion + breaking the moving average, I’m very familiar with this combo... every time it results in precise losses. The 4432 support is very fake; it breaks with a poke. Don’t talk to me about technical analysis anymore. Addicted to bottom-fishing and falling into it again. Let’s wait and see, don’t let me get trapped again.

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SudoRm-RfWallet/

· 01-09 21:23

Wow, such high trading volume? It's true that the main players have already run away.

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FomoAnxiety

· 01-08 21:08

The volume expansion is indeed a bit scary, the main players are all running, retail investors are still holding on tight? --- MA120 broke through, RSI is below 20, and it's still dropping... this rhythm doesn't feel right. --- At the 4432 level... it looks like a big pit, better to wait and see for now. --- Trading volume exceeds the 5-day moving average, indicating that there is really selling pressure, not just a false alarm. --- Main players panic selling + support about to break, this combo is a bit uncomfortable. --- Wait, could the extreme RSI actually be an opportunity? Or am I overthinking it? --- Every time the volume is so abnormal, it tends to accelerate downward afterward, and this time is no exception. --- If 4432 can't hold, it's hard to say where the next support will be. --- I can understand retail investors dumping, but if the main players are also selling... are they giving up? --- Oversold areas do have rebound potential, but the premise is that volume should shrink. Right now, it's still expanding.

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ReverseTrendSister

· 01-08 07:02

The big players are all fleeing, and small investors are still sleepwalking. This is just too outrageous.

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PebbleHander

· 01-08 07:00

With such strong volume, are the main players also dumping? Then I need to watch my stop-loss carefully.

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NFT_Therapy

· 01-08 06:33

Are the major players also starting to dump? This is bad news. --- Oversold and still falling, really desperate. --- Increasing volume + major sell-offs, this routine is all too familiar. --- Can I bottom fish at the 4432 level? I'm a bit tempted. --- RSI is below 20 and still breaking support, who are they trying to scare? --- Something's off, I feel there are more traps below.

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CounterIndicator

· 01-08 06:32

With such strong volume, are the main players really dumping? If 4432 can't be broken, can we still buy the dip?

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