#CryptoFamily sellers are stepping in and $PAXG is showing signs of a short-term rejection from the local resistance zone…

Coin: $PAXG/USDT

Entry Range: 4306 – 4311

Stop Loss: 4316

Targets:

TP1: 4300

TP2: 4293

TP3: 4285

After a strong intraday push, $PAXG failed to hold near the recent highs and formed multiple rejection candles around the 4310–4313 area. Price is currently struggling to regain bullish momentum, while lower highs on the 15-minute timeframe suggest weakening buying pressure.

As long as the resistance zone remains intact, a move back toward lower support levels looks likely. The first objective is the psychological 4300 level, followed by deeper downside targets if selling volume increases.

Invalidation: A clean breakout and close above 4316 would invalidate this bearish setup and could open the door for another leg higher.