$PAXG /USDT – Short Trade Setup 🔥
Market Structure:
$PAXG is currently trading at \$3,330, showing rejection from the \$3,380 high and slipping toward the support zone. Sellers are active after the recent push-up, with consistent red candles confirming weakness. If the \$3,322 low breaks, further downside momentum could accelerate.
Key Levels:
Resistance: \$3,350 – \$3,380
Support: \$3,322 – \$3,300
Trade Setup (Short):
Entry Zone: \$3,335 – \$3,345
TP1: \$3,315
TP2: \$3,300
TP3: \$3,280
Stop Loss: \$3,355
Pro Tip:
Watch the \$3,322 support closely. A breakdown below it with strong volume could trigger a sharper fall toward \$3,280. However, if the price rebounds quickly above \$3,350, the short setup weakens.
Would you like me to prepare a long setup scenario (if PAXG bounces from support), so you can trade both sides safely?
