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$PAXG /USDT – Gold-Backed Stability Facing Short-Term Pressure! 🚨
Current Price: $3,351.19 (+0.25%)
$PAXG is showing signs of local rejection after hitting the $3,371.50 resistance. The recent sharp candle down suggests sellers are stepping in after a weak relief rally.
Short Trade Setup:
Entry Zone: $3,355 – $3,360
TP1: $3,340
TP2: $3,325
TP3: $3,300
Stop Loss: $3,372
Market Insight:
Price is getting rejected at intraday highs
Volatility spikes hint at liquidity grabs above $3,370
Ideal short for those betting on gold retracement via $PAXG
Pro Tip:
Watch global gold price reactions—any dip in gold will directly pressure $PAXG. This setup is perfect for scalping within the range.
Keep it sharp and stay golden—short with confirmation!
$PAXG