$PAXG /USDT - Gold-backed stability faces short-term pressures! 🚨

Current price: $3,351.19 (+0.25%)

The $PAXG pair shows signs of local rejection after reaching the resistance level of $3,371.50. The recent sharp decline in the candle indicates the entry of sellers after a weak upward wave.

Sell trade setup:

Entry zone: $3,355 - $3,360

Profit target 1: $3,340

Profit target 2: $3,325

Profit target 3: $3,300

Stop loss: $3,372

Market outlook:

The price is facing rejection at its daily highs

Increased volatility indicates higher liquidity attraction above $3,370

Ideal sell trade for those betting on a gold retracement via $PAXG

Pro tip:

Watch global gold price reactions - any decline in gold will directly pressure $PAXG. This setup is perfect for quick speculation within the range.

Stay composed and hold your gold position - sell with confirmation!

$PAXG

PAXGUSDT

Perpetual

$3,343.76

-0.07%

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