2025-12-25 11:24:14

PAXG's movement today is quite interesting. The 30-minute trading volume suddenly surged by 158.7%, and the current quote is fluctuating around 4497.26 USDT.

From a technical perspective, the key support level on the 1-hour basis is stuck at 4491.7, only 0.09% away from the current price. The support zone ranges from 4423.34 to 4495.35. It looks like it is about to touch the support.

An increase in trading volume often signals the start of a trend. If you are optimistic about the subsequent movement, you might consider placing buy orders around 4491.7, as the probability of a rebound would be higher. Of course, you should keep a close eye on the market, as the combination of volume and price will determine the future direction.

PAXG0.11%

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.

15 Likes

Reward
15
5
Repost
Share

Comment

0/400

TokenTherapist

· 5h ago

The trading volume surged by 158%, which is a bit shocking; it feels like a trap to lure more buyers.

View OriginalReply0

BearMarketMonk

· 5h ago

The surge in trading volume... is often when retail investors see it, and the smart money has already moved out. History tends to repeat itself.

View OriginalReply0

GasGasGasBro

· 5h ago

The trading volume surged by 158%. This number is a bit scary; it feels like either a major event or someone is dumping.

View OriginalReply0

AirdropCollector

· 5h ago

Yeah, I also saw it. The 158.7% increase in trading volume is a bit shocking. The support line at 4491.7 seems to be holding up.

View OriginalReply0

DecentralizedElder

· 5h ago

Trading volume surges by 158%. This kind of situation is often a prelude to a trap. I really don't dare to chase. --- Support levels are so close; if broken, it will head straight to 4423. At that point, many will cut their losses. --- Every day shouting that the rebound probability is high. Has it rebounded? Or is it another false breakout? --- Watching the market all day is too exhausting. Better to rest and wait for the next confirmed opportunity. --- 158% trading volume feels a bit too abrupt. Someone is probably trying to dump. --- It's the same old story of bullish tactics; every time it's said, it gets slapped in the face. --- I find the 4491 support level quite precarious. We'll see if it can hold.

View OriginalReply0