$PAXG /USDT short trade signal 🚦 🛑
BEARISH RETEST UNDERWAY — PRESSURE BUILDING BELOW $3,320!
$PAXG/USDT is displaying a weak bounce after a sharp rejection from the $3,380 resistance. Despite minor green candles, the price remains compressed below $3,320 and struggles to reclaim lost ground. The formation hints at a bearish continuation if $3,304 support is breached.
Trade Setup (Short):
Entry Zone: $3,315 – $3,325
Take Profit: $3,290 / $3,268 / $3,240
Stop Loss: $3,341
Market Outlook:
The short-term structure is bearish with lower highs and descending volume. Unless bulls reclaim above $3,345, the path of least resistance favors the downside. Momentum oscillators also remain in the oversold region, showing lack of strength.
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