After a strong bullish expansion, $PAXG is now showing signs of exhaustion near the major resistance zone at 5330–5350. Price faced clear rejection in this area, and follow-through from buyers has weakened.

Selling pressure is increasing, suggesting the market has shifted into a corrective / bearish phase. As long as price remains below resistance, bears are likely to stay in control, opening the door for further downside continuation.

Short Trade Plan:

Targets:

TP1: 5275

TP2: 5200

TP3: 5125

SL: 5360

Bias remains bearish unless price reclaims and holds above the resistance zone.

$PAXG

PAXG
PAXGUSDT
5,534.11
+4.62%