$PAXG reacting near key zone — price showing short‑term pullback after slight strength ⚡
Gold‑backed token trading near demand and consolidating after recent range moves.
Bias: Short‑term bearish continuation watch.
Hourly momentum weakening, structure showing lower highs and sellers gaining edge.
SHORT PAXG 🔻
Entry (Sell): 5,080 – 5,120
TP1: 4,950
TP2: 4,820
TP3: 4,650
SL: 5,240
Current price ~$5,070 USD — keep an eye on reaction at resistance and demand zones.
Break below 4,950 = stronger downside; reclaim above 5,120 = signal invalid.
Downside continuation or bounce? 👇
PAXG
4,939.39
-3.08%