$PAXG — I’m focused on this because price dropped aggressively from the 5,630 zone, swept liquidity cleanly near 5,165, and then reacted immediately. That kind of sharp rejection usually tells me forced selling just ended and buyers are stepping in.
Market read
I’m seeing a clear liquidity sweep followed by absorption. The long wick into 5,165 shows stops were taken hard, but sellers failed to hold price lower. Since then, PAXG has reclaimed ground and started stabilizing. That behavior often signals a short-term base forming after panic.
Entry point
I’m looking to enter around 5,220 – 5,30