PAXG is doing exactly what a flip retest is supposed to do — old support gets tested as resistance and sellers show up with real size behind them. Volume well above average on this reaction tells you this isn't a quiet drift back to the level, participants are actively defending it.

🗓 Daily: Neutral — daily is mixed — Supertrend and EMAs not aligned
⏱ 4H: Support/Resistance Reaction · Bearish bias
⏳ 1H: the 1H is still above the level — the setup only triggers once it loses and holds below it.

📋 WHY IT QUALIFIES
✓ Support/Resistance Reaction structure completed
🧭 Bias: Bearish while price holds below $4,230.00
⚠️ Invalidation: 4H close back above $4,230.00
🔵 Support $4,230.00 🟡 Resistance $4,298.61

$PAXG $BTC #SupportResistance
Education only, not financial advice.