Pay looks to be overdue for a run up. The MACD indicator looks to show a bullish divergence, which usually means a reversal is coming. Also, PAY has shot above the ichimoku cloud which is another bullish indicator. Pay is still on accumulation mode and the risk/reward is great. If it hits ATH it will about 9x. All in all I think this a great midterm hold.
I agree with your idea, if it breaks the channel (daily chart or H4 chart), it will go to the moon. If you switch to weekly chart, you will see a very solid accumulation mode (below MA20) which indicated the potential strong pump. Let entry below 25800 sts first, and invest more if the price breaks the MA20 (weekly chart), at least the price will go to the bollinger band top @62000 which shows x3 approximately from the buying point.