$PAXG USDT BEARISH BREAKDOWN – SHORT SETUP IN PLAY
After testing the 8.66% resistance zone near 3,692.79, $PAXGUSDT failed to sustain momentum, forming a rejection wick on the daily chart. This signals potential downside pressure as bulls lose control near key resistance.
The chart structure shows weakening volume and a lower high formation, suggesting a short-term bearish reversal. A short entry below the 3,680 zone aligns with this setup.
SHORT ENTRY: Below 3,680
TARGETS:
• TP1: 3,635
• TP2: 3,610
• TP3: 3,580
STOP LOSS: 3,700 (above recent wick)
Risk Management: Use 2–3% of capital per trade. Adjust position size based on SL distance. Avoid overleveraging in volatile conditions.
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