$PAXG /USDT BEARISH MOVE AHEAD AFTER KEY REJECTION 🔻📉
Gold-backed crypto token $PAXG is showing signs of bearish momentum as it failed to sustain above the $3,370–$3,390 resistance zone. The recent pullback suggests increased seller pressure near short-term highs.
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🔹 Current Price: $3,339.61
🔻 24h Change: -1.37%
🔸 24h High/Low: $3,431.60 / $3,329.79
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📉 KEY LEVELS TO WATCH:
Resistance 1: $3,370 – Intraday rejection area
Resistance 2: $3,430 – 24h high & upper barrier
Support 1: $3,330 – Holding temporarily
Support 2: $3,290 – Key breakdown level
Support 3: $3,240 – Next major demand zone
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💥 TRADE SETUP – SHORT POSITION
🔸 Entry: $3,340–$3,355 (retest zone)
🎯 Take Profits (TP):
TP1: $3,300
TP2: $3,260
TP3: $3,240
🛑 Stop Loss (SL): $3,390 above resistance
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🛡️ RISK MANAGEMENT TIP:
Risk only 1–2% of your capital per trade. Use tight SL and scale out at TPs to lock gains early. Trade with discipline & never chase the market! 💼📊
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🔥 Bear pressure increasing – watch for a breakdown below $3,330 to confirm continuation!
#MarketRebound #NEWTBinanceHODLer #BinanceTGEXNY #IsraelIranConflict #w $PAXG