📉 Hybrid Analysis – $PAXG (Gold Token)

🔎 Technique and structure: In 1h and 15m timeframes, the key support at $3241 was lost, a high volume zone in VPVR. Break with a decisive candle and no absorption. Clear bearish structure with successive lower highs (LH) and lower lows (LL).

💧 Volume and dynamics: Strong selling bar with increased volume, without buyer response. The volume profile shows emptiness down to the $3170–$3150 zone.

📊 Liquidation map (#Coinglass ): Liquidity clusters concentrated below between $3180 and $3120. Few defense orders above, suggesting continued bearish movement.

🧠 Fundamentals and context: Drop in gold after cooling geopolitical tensions and inflation data in the U.S. lower than expected. Decreased demand for safe haven. Central banks remain a long-term support, but in the short term profit-taking dominates.

🎯 Short entry:

• Entry: $3223

• SL: $3262 (above broken structure)

• TP1: $3173

• TP2: $3124

• TP3: $3085

• Estimated R/B: 2.8

⏳ Hold while it does not recover $3240 with volume. If it lateralizes at $3200 without reaction, assess partial close. #Binance