š“$PAXG
BEARISH TECHNICAL ANALYSIS
The chart shows a bearish setup as price faces rejection near the 4,363 resistance zone and fails to sustain upward momentum. The formation of a lower high indicates weakening bullish strength, suggesting sellers are taking control and a pullback toward key support levels is likely.
Bearish Highlights:
ā¢ Rejection from 4,363 resistance zone
ā¢ Lower-high formation confirming bearish pressure
ā¢ Momentum fading after minor bullish attempts
ā¢ Price testing mid-range support levels
POTENTIAL TARGETS (TP):
ā¢ TP1: 4,280 zone
ā¢ TP2: 4,240 zone
ā¢ TP3: 4,200 major support
STOP LOSS (SL):
ā¢ Above the recent lower high / resistance zone
RISK MANAGEMENT:
Risk only 1ā2% per trade, maintain strict stop-loss discipline, and avoid oversized positions during volatile conditions.
