SELLERS STEPPING UP ON $PAXG AS OVERHEAD SUPPLY BRACES FOR A FLIP LOWER 🔻 📉
Entry: 4104.5–4108.6 ⚡
Target: 4090.6 🎯
Stop Loss: 4118.4 🛑
Overhead resistance near 4116.7 is drawing a sharp line in the sand, giving bears a clean shelf to lean against. 📌 The 4104.5–4108.6 pocket is primed for a textbook rejection as bid liquidity begins to dry up on the approach. 🌊
Sellers simply need to cap this push to unlock swift downside rotations toward 4090.6 and 4079.4. 📊 A break beyond 4118.4 cleanly invalidates the thesis, keeping our exposure strictly contained. 🤔 Are you fading this resistance tap or waiting for a breakdown confirmation below the entry block? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PAXG #ShortSetup #PriceAction #Crypto
🎯 🐻
Entry: 4104.5–4108.6 ⚡
Target: 4090.6 🎯
Stop Loss: 4118.4 🛑
Overhead resistance near 4116.7 is drawing a sharp line in the sand, giving bears a clean shelf to lean against. 📌 The 4104.5–4108.6 pocket is primed for a textbook rejection as bid liquidity begins to dry up on the approach. 🌊
Sellers simply need to cap this push to unlock swift downside rotations toward 4090.6 and 4079.4. 📊 A break beyond 4118.4 cleanly invalidates the thesis, keeping our exposure strictly contained. 🤔 Are you fading this resistance tap or waiting for a breakdown confirmation below the entry block? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PAXG #ShortSetup #PriceAction #Crypto
🎯 🐻