📉 $PAXG /USDT – Slipping Below Crucial Zone!
Current Price: $3,401.82
24H High / Low: $3,436.04 / $3,401.00
15m Chart Insight: Sharp selloff after weak consolidation near local highs
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📊 Market Structure:
$PAXG is forming lower highs and showing signs of increased bearish momentum. The recent break below $3,405 signals short-term weakness.
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📌 Key Levels:
🔻 Support: $3,400 (critical psychological and chart support)
🔺 Resistance: $3,415 – $3,420 zone
⚠️ Breakout Trigger: Above $3,426
⚠️ Breakdown Trigger: Below $3,400 = Trend acceleration likely
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📉 Trade Setup (Short Bias):
🔹 Entry Zone: $3,407 – $3,412 (on bounce/retest failure)
🎯 TP1: $3,395
🎯 TP2: $3,385
🛑 SL: $3,422
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🧠 Pro Tip:
Watch for a decisive 15m close below $3,400 with strong volume—this would confirm downside continuation. Avoid chasing entries—wait for retest rejection.
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🚨 $PAXG could slide further if $3,400 cracks—monitor volume and structure closely!
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