PAXG has an interesting change today—30-minute trading volume suddenly surged by 49.1%. Such anomalies are often not without reason.
The current price is stuck at 4599.26 USDT, with several key supports immediately below. The recent 1-hour baseline support is at 4584.39, only 0.34% away from the current price. Further down, there are support zones between 4485.32 and 4516.26.
From a technical perspective, such a significant increase in volume usually indicates that the market may be about to start moving. Many traders have placed long orders around 4584.39, planning to buy the dip at the support level. Of course, the subsequent trend still needs to be monitored, but this signal is worth paying attention to.
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.
13 Likes
Reward
13
5
Repost
Share
Comment
0/400
ForkTongue
· 5h ago
A 49.1% surge? I didn't see anything special; I actually think it's a bit fake.
View OriginalReply0
LiquidityWizard
· 6h ago
49% surge in trading volume, something to ponder
The old guys who are bottom-fishing are holding at 4584, just see if it can drop further
View OriginalReply0
UncleWhale
· 6h ago
49.1% trading volume surge? This move is quite fierce, feels like it's about to get active
By the way, will the key support at 4584 break directly? Need to keep a close eye
Big players are all bottom-fishing, I'm watching too, how's the rebound potential
View OriginalReply0
GasBandit
· 6h ago
49.1% surge in trading volume, something doesn't feel right...
Can such dense support levels really lead to a rebound? It seems like a trap to lure more buyers.
Brothers trying to bottom out, be careful not to get crushed again.
View OriginalReply0
NftDeepBreather
· 6h ago
49.1% surge in trading volume? This is definitely no coincidence. Are the main players brewing something?
Just looking at the support level at 4584.39, it feels like it could break at any time. Feeling a bit anxious.
Everyone trying to bottom fish, be careful not to be trapped by a false breakout.
PAXG has an interesting change today—30-minute trading volume suddenly surged by 49.1%. Such anomalies are often not without reason.
The current price is stuck at 4599.26 USDT, with several key supports immediately below. The recent 1-hour baseline support is at 4584.39, only 0.34% away from the current price. Further down, there are support zones between 4485.32 and 4516.26.
From a technical perspective, such a significant increase in volume usually indicates that the market may be about to start moving. Many traders have placed long orders around 4584.39, planning to buy the dip at the support level. Of course, the subsequent trend still needs to be monitored, but this signal is worth paying attention to.