$PAXG /USDT Short Setup — Momentum Is Turning
PAXG just faced a hard rejection from the $5100–$5120 resistance zone after a strong bullish push. On the 1H chart, momentum is fading and lower highs are forming — a classic signal of a corrective pullback loading. As long as price stays below $5120, sellers remain in control.
Entry Zone: $5060 – $5105
Stop Loss: $5165
Targets:
TP1: $4985
TP2: $4920
TP3: $4850
Current Price: $5,075.72 (+2.65%)
Rejection + weakening momentum = downside continuation in play. Patience here could pay fast.