$PAXG /USDT BEARISH PRESSURE EMERGING – WATCH SUPPORT LEVELS!
$PAXG /USDT is showing early signs of bearish momentum after struggling near the 4,948 resistance. Short-term moving averages remain slightly bullish, but MACD is turning negative (DIF < DEA), signaling potential downward pressure if price fails to hold 4,930 support. A break below 4,920 could open the path toward 4,900–4,880, making risk management critical for traders.
Trade Setup:
Entry Zone (Short): 4,935 – 4,945
Take Profit 1: 4,920
Take Profit 2: 4,900
Stop Loss: 4,955
Market Outlook:
Momentum is leaning bearish with MACD signaling weakness. Key support lies at 4,930, while resistance remains near 4,948–4,950. Traders should monitor volume for confirmation of a breakdown. Short-term trend favors cautious sellers, but a strong bounce above 4,948 could invalidate the bearish scenario.
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