PAXG is trading in the lower half of the active range, and price action is still testing conviction on lower timeframes. Momentum is still mixed and not fully one-sided. Structure currently reads DOWN/DOWN/SIDE, with broader bias around BEARISH. My view favors a rejection-based short plan while structure keeps printing weaker rebounds. Execution should stay disciplined. Setup quality is LOW. Current RR is around 2.29. Chasing pressure is 0%.
📌 PAXG | SHORT SETUP 📉
Trade Plan:
🎯 Entry: 4680.73 - 4684.42
🛑 SL: 4699.16
✅ TP1: 4668.92
✅ TP2: 4638.54
✅ TP3: 4622.05
Why this setup?
- 4H and 1H are aligned bearish.
- 1H is pulling back into a sell continuation zone (EMA20/Fib).
- RSI remains in a bearish regime.
📊 Bias Confidence: 70% | Execution Confidence: 73% | RR: 2.29 | Setup Quality: LOW
Trade responsibly; crypto markets are volatile and past performance is not indicative of future results.
⚠️ Personal view only. Manage risk and position size before entry.