$PAXG just got slapped. Hard. đ€
That sudden red candle wiped out hours of slow grinding. Price is bleeding down to 3,833 right now and the 1-hour structure looks heavy.
This is clearly Bearish. Momentum is shifting down.
Entry Zone: 3,835 â 3,850 (Retest of the breakdown)
Stop Loss: 3,890 (Give it some air above the recent structure)
TP1: 3,800 (Previous support area)
TP2: 3,760 (Next major liquidity pocket)
Protect your capital. Don't catch a falling knife. Let it bounce and short the weakness. đ
That sudden red candle wiped out hours of slow grinding. Price is bleeding down to 3,833 right now and the 1-hour structure looks heavy.
This is clearly Bearish. Momentum is shifting down.
Entry Zone: 3,835 â 3,850 (Retest of the breakdown)
Stop Loss: 3,890 (Give it some air above the recent structure)
TP1: 3,800 (Previous support area)
TP2: 3,760 (Next major liquidity pocket)
Protect your capital. Don't catch a falling knife. Let it bounce and short the weakness. đ
