š Trade Setup: $PAXG ā Short on intraday rejection / fade extended move
š» Short Entry: 4,230 ā 4,245 USDT (on clear rejection / bearish 1H close from that zone)
šÆ Take-Profit Targets:
TP1: 4,160 USDT ā short-term pullback target (confluence with MA50/20).
TP2: 4,100 USDT ā deeper retrace toward 50ā100 MA band.
š Stop-Loss: ā 4,270 ā 4,280 USDT (just above the wick high / invalidation zone)
Risk:Reward ~ 1:2+
ā ļø Risk Factors: PAXG tracks gold; macro news (USD, real rates, geopolitics) can move it fast ā monitor macro headlines.
If PAXG continues to print consecutive 1H closes above 4,280, invalidate the short.
#PAXG #cryptotrading #BinanceFutures #TechnicalAnalysis #BinanceSquare
