$PAXG – Strong bullish stabilization above 5,000 tells me buyers are building pressure for continuation.
I’m seeing price respect the 4,998–5,000 demand zone with a sharp rejection wick. That sweep below 5K looks like liquidity grab before recovery. Since then, structure shifted into higher lows on the 1H timeframe. Sellers tried twice to push it down, but each time buyers stepped in faster.
Now price is compressing around 5,040–5,060. This is accumulation behavior. I’m not seeing aggressive distribution. I’m seeing controlled consolidation before expansion.
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I’m watching the ran