$PAXG /USDT short tread signal 🚦🔴

BEARISH PULLBACK AFTER REJECTION FROM NEW HIGH!

After surging to a fresh all-time high of $3,418.53, $PAXG faced heavy rejection, forming a sharp bearish reversal on the 30-minute chart. The price dropped to $3,361.00 before attempting a minor recovery, now stabilizing near $3,376.80. This suggests a short-term lower high formation with reduced momentum.

Trade Setup (SHORT):

Entry: $3,375 – $3,385

Target 1: $3,358

Target 2: $3,342

Stop Loss: $3,397

Market Outlook:

PAXG is losing steam after hitting a significant resistance zone. Bearish candles and volume drop confirm potential for more downside unless bulls reclaim $3,400+ quickly. Watch for a breakdown below $3,360 for continuation.

Risk Management Tip:

Use tight stop-losses above resistance. Trail profits if breakdown gains momentum toward $3,340 support.

Don’t let this vertical breakout trap you — wait for confirmation before entry and ride the reversal smartly!

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buy and trade here on $PAXG