$PAXG USDT Bearish Continuation Breakdown

The market is showing a clear downtrend structure with lower highs and lower lows on the short timeframe. After a weak bounce, sellers stepped back in and pushed the price lower again, indicating continued bearish momentum.

Trade Setup (Short):

Entry: 5,020 – 5,050

Target 1: 4,990

Target 2: 4,950

Target 3: 4,900

Stop Loss (SL): 5,085

Market Outlook:

PAXG is currently facing strong selling pressure after failing to hold above the 5,060 resistance zone. The pullback inside the marked channel suggests a bearish continuation move, and if price stays below 5,060, further downside toward the 4,900 liquidity area is likely. Traders should watch for weak bullish candles or rejection near the entry zone to confirm the short setup.

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