🔴 $PAXG IS OVEREXTENDED ON THE HOURLY CHART WHILE THE 4H BEARISH STACK WAITS! 📉
Entry: 4029.75 – 4033.04 ⚡
Target: 4012.03 🎯
Stop Loss: 4060.47 ⚠️
Momentum indicators are screaming exhaustion with the 1h RSI sitting at a freezing 24.1. 📊 Even though price is stretched multiple ATRs away from the moving averages, the macro 4h structure keeps a firm bearish lid overhead. ⚡
We are stalking a clean pullback into the zone to let the overextended rubber band snap back before continuation. 🔍 Are you waiting for the retest confirmation or hunting for a counter-trend bounce first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PAXG #ShortSetup #Crypto #Trading
📉 🦈
Entry: 4029.75 – 4033.04 ⚡
Target: 4012.03 🎯
Stop Loss: 4060.47 ⚠️
Momentum indicators are screaming exhaustion with the 1h RSI sitting at a freezing 24.1. 📊 Even though price is stretched multiple ATRs away from the moving averages, the macro 4h structure keeps a firm bearish lid overhead. ⚡
We are stalking a clean pullback into the zone to let the overextended rubber band snap back before continuation. 🔍 Are you waiting for the retest confirmation or hunting for a counter-trend bounce first? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #PAXG #ShortSetup #Crypto #Trading
📉 🦈
