📉 $PAXG /USDT – SHORT SIGNAL (Bearish Rejection) ⬇️
PAXGUSDT
Perp
4,975.16
-1.96%
Entry: 4,940 – 4,950
Stop Loss: 4,990
Target 1: 4,890
Target 2: 4,850
Target 3: 4,820
Why Short?
✅ Price trading below all key MAs – MA7, MA25, MA99
✅ -3.06% daily loss – breakdown confirmed
✅ Order book shows 72.84% Bid dominance – strong selling pressure
✅ Volume drying up – no accumulation signal
✅ Rejected from 5,118 resistance zone
Bearish Structure:
· Lower highs on 4H/1D
· Gold weakening – PAXG following
· Death cross setup: MA7 < MA25 < MA99
⚠️ Invalid if: Daily close above 5,000
$PAXG losing its shine – bearish momentum building! 🔻