$PAXG – Moment bassist in training
The $PAXG shows signs of weakening in the short term, as the price struggles to stay above the average consolidation range.
Sellers gain strength after multiple rejections in the upper resistance zone, indicating a loss of buying momentum.
⚠️ A break below support at 4.235–4.230 may confirm the resumption of the downtrend, opening up space for new declines in the coming sessions.
#PAXG #CryptoTrading #priceaction #TechnicalAnalysis
The $PAXG shows signs of weakening in the short term, as the price struggles to stay above the average consolidation range.
Sellers gain strength after multiple rejections in the upper resistance zone, indicating a loss of buying momentum.
⚠️ A break below support at 4.235–4.230 may confirm the resumption of the downtrend, opening up space for new declines in the coming sessions.
#PAXG #CryptoTrading #priceaction #TechnicalAnalysis