🛑 $PAXG
USDT BEARISH PRESSURE BUILDING – CAN SUPPORT HOLD THE FALL?
The current PAXGUSDT price is at $3342.32, showing weakness after repeated failed attempts to break above resistance at $3360-$3363. Sellers are dominating the short-term structure, pushing the price towards the immediate support zone near $3340-$3336.
🔑 Key Levels:
Resistance: $3355 – $3363
Support: $3340 – $3336
Current Price: $3342.32
💼 Trade Setup (Short Entry):
Entry: $3344 – $3342
Targets (TP): $3340, $3338, $3335
Stop Loss (SL): $3350
📉 Market Outlook:
The 15m timeframe shows strong bearish momentum with consecutive lower highs and lower lows. If $3340 breaks decisively, expect continuation towards $3335. However, if buyers reclaim above $3350, a short squeeze may occur.
⚠️ Risk Management:
Always risk 1-2% of your capital per trade. Keep leverage controlled and follow your stop-loss strictly to protect capital during volatility.
buy and trade here on $PAXG
💬 Do you expect PAXG to bounce or continue its fall? Comment your view below! 👇
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