$PAXG USDT – RALLY EXHAUSTED, SELL PRESSURE BUILDING!
REJECTION FROM $3,362.30.
LOWER HIGHS WITH WEAK FOLLOW-THROUGH.
$PAXG USDT is showing early signs of bearish reversal on the 4H chart. After peaking at $3,362.30, price has printed multiple lower highs with weak bullish candles and increasingly bearish closes. The support at $3,340 is being tested repeatedly, and volume is thinning out — indicating fading bullish momentum.
Short Trade Setup (4H Timeframe):
Entry: $3,343 – $3,347
Targets:
1. $3,334
2. $3,323
3. $3,315
Stop Loss: $3,358
If price loses the $3,340 level convincingly, a move back toward the recent breakout zone is likely. Momentum is shifting, and downside risk is increasing.
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