$PAXG /USDT BEARISH SETUP – GOLD-BACKED BUT LOSING SHINE!
Current Price: $3,303.21 (-0.85%)
24h High: $3,333.48 | 24h Low: $3,292.58
Price drifting lower with weak bounce from support – momentum fading.
KEY LEVELS TO WATCH:
Resistance Levels:
$3,315 – Immediate resistance
$3,335 – Strong overhead zone (24h high)
Support Levels:
$3,292 – Local support (24h low)
$3,265 – Breakdown level if trend accelerates
TRADE SETUP (SHORT IDEA):
Entry Zone: $3,305 – $3,315
Targets (TP):
TP1: $3,290
TP2: $3,265
Stop Loss (SL): $3,340
RISK MANAGEMENT:
Risk only 1–2% per trade. Gold-pegged tokens like PAXG move slower — precision matters more than speed. Let candles confirm the move.
#PAXGUSDT #BearishSetup #GoldToken #CryptoTrading #Binance #AltcoinAnalysis #Write2Earn $PAXG