🟡 PAXGUSDT PERP – SELL SETUP (30M)

📉 Market Structure:

Price is respecting a range / lower-high structure. Strong rejection seen from the 5090–5100 supply zone, indicating sellers are active. Current price is failing to reclaim mid-range resistance.

🔴 Trade Idea: SELL (Short)

Entry: 5035 – 5055

Stop Loss: 5105 (above range high & liquidity)

Targets:

🎯 TP1: 4995

🎯 TP2: 4965

🎯 TP3: 4925

📊 Confluence:

Rejection from previous high (≈5095)

Weak bullish follow-through

Volume declining → momentum loss

Range high acting as strong resistance

⚠️ Risk Management:

Use proper position sizing. Partial profits recommended at each TP. Move SL to BE after TP1.

📝 Bias: Short below 5100

❌ Invalidation: Clean 30M close above 5105

$PAXG Do Trade Here 👇

PAXGUSDT

Perp

4,944.57

-3.01%