From a technical perspective, PAXG's recent movement is quite interesting. According to Elliott Wave theory, it is currently in Wave 3, which is usually the most powerful phase of the entire upward cycle. Once Wave 3 begins, it often results in the most vigorous gains. Based on wave structure and support and resistance levels, the next key target is likely around $5000. The current market is indeed on the eve of a major breakout—trading volume is accumulating, and technical indicators are also signaling a bullish bias. If this wave truly starts, pay attention to position management, as Wave 3's rise often exceeds expectations.
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NotFinancialAdvice
· 12-28 13:52
If the third wave really happens, $5,000 is not a dream. The key is to control your position size well and avoid going all-in at once.
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GateUser-00be86fc
· 12-28 13:52
If the third wave really takes off, $5,000 is not a dream... but I still want to see if it can break the previous high before I get in.
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PumpStrategist
· 12-28 13:52
The pattern has formed, and the concentration of chips is interesting, but I've heard this kind of third-wave explosion theory too many times.
I'm just worried it will be another story of "volume accumulation," and in the end, the volume doesn't come, but instead there's a big plunge.
$5000? First, see if it can break through that previous resistance level before bragging.
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LightningAllInHero
· 12-28 13:51
If the third wave really starts, $5,000 will definitely cause a stir. Continuing to accumulate volume like this is indeed quite interesting.
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LiquidationKing
· 12-28 13:48
The third wave is really unstoppable. Let's just wait to be dumped, haha.
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GoldDiggerDuck
· 12-28 13:43
I'm just waiting to be proven wrong in this third wave, haha
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ShitcoinArbitrageur
· 12-28 13:33
$5000? Such a big gap, when the third wave starts, you really need to hold your position well.
From a technical perspective, PAXG's recent movement is quite interesting. According to Elliott Wave theory, it is currently in Wave 3, which is usually the most powerful phase of the entire upward cycle. Once Wave 3 begins, it often results in the most vigorous gains. Based on wave structure and support and resistance levels, the next key target is likely around $5000. The current market is indeed on the eve of a major breakout—trading volume is accumulating, and technical indicators are also signaling a bullish bias. If this wave truly starts, pay attention to position management, as Wave 3's rise often exceeds expectations.