$PAXG /USDT Breakdown in Motion! ⚠️
$PAXG has slipped below key hourly support after a sharp rejection from the $3,369 resistance zone. The strong red candle signals bearish pressure building fast, bringing price close to its daily low at $3,343. This opens a clear short opportunity.
🔻 Short Position Plan:
• Entry Range: $3,345 – $3,355
• 🎯 TP1: $3,330
• 🎯 TP2: $3,310
• 🎯 TP3: $3,285
• ❌ Stop Loss: $3,370
Strategy Tip:
Gold-pegged assets can be volatile during economic news wait for a retest near $3,355 and look for rejection signs before entering. Stay strict with stop-loss to manage fast moves.