🔥 $PAXG / USDT — SELL THE RALLY 🔥
Distribution active. Downside pressure remains dominant.
$PAXG dumped impulsively and is now stalling in a weak, overlapping consolidation — and that context is everything. Price is trapped below declining EMAs, showing zero expansion, no initiative buying, and no acceptance higher. This is not basing behavior.
What we’re seeing is a pause inside distribution, not a structure for reversal.
Every rally attempt is being absorbed, momentum remains muted, and upside follow-through continues to fail — textbook sell-the-rally conditions.
📉 Bias: SHORT
🎯 Entry Zone:
4,980 – 5,040
🛑 Stop-Loss:
5,150
(Only acceptance above this level invalidates the setup)
🎯 Targets:
• TP1: 4,750 — first downside expansion
• TP2: 4,620 — breakdown through range lows
• TP3: 4,480 — extension if selling accelerates
🧠 Why this setup works:
✔ Impulsive selloff defines bearish context
✔ Consolidation is overlapping and corrective
✔ Price capped beneath declining EMAs
✔ No higher-timeframe structure reclaim
✔ Rallies = liquidity, not strength
As long as 5,150 fails to flip into support, this consolidation remains corrective, and downside continuation stays the higher-probability path. Acceptance above that level shifts bias neutral, not bullish.
📊 Market Snapshot:
PAXGUSDT Perp
Price: 4,953.98
Change: -5.23%
👇 Fade the strength. Trade the structure. Let gold bleed.
#PAXG #Gold #PriceAction #SellTheRally #Distribution
#PerpTrading #CZAMAonBinanceSquare #USGovShutdown #USPPIJump #GoldOnTheRise