$PAXG USDT is around $4,940.90 right now and yeah… it’s down about 5.79% 😬📉. This one is dumping in the short term 🐻 — looks like heavy profit-taking after that strong gold run. Momentum definitely cooled off ❄️💸.
If you’re watching for a bounce, the zone I’m eyeing is around $4,900 – $4,850 👀🟩. If buyers step in there, we could see a relief move back to $5,050 🎯 and maybe $5,200 🚀. But honestly, I’d keep a tight stop near $4,780 🛡️ because if that level cracks, things can slide fast 🩸🐻.
On the bearish side, if PAXG tries to bounce and gets rejected around $5,050 – $5,120 🔴😤, that’s a classic sell-the-bounce setup. From there, downside targets would be $4,900 📉, then $4,750 ⚠️, and worst case $4,600 🩸😈. I wouldn’t stay short above $5,200 though 🚨.
Overall, this feels more like a cool-off, not panic 😌❄️. Let the price show its hand at support before making a move 🧠📊🔥.”
Stay sharp and manage risk carefully
$PAXG #PAXG #BullishvsBearish #WriteToEarnUpgrade #Write2Earn #WhoIsNextFedChair