$PAXG /USDT Analysis:

The daily chart shows a strong uptrend, but the 4-hour timeframe indicates a range-bound movement. On the 1-hour chart, we observe current weakness, with price trading below key moving averages. 📉

The 15-minute RSI is deeply oversold below 50, signaling that any potential short-term bounce may be failing. This setup presents an opportunity to align with the current mid-term hesitation.

We are looking for a precise short Entry on a confirmed rejection. Momentum is currently tipping in favor of a downside move. 🎯

Setup: SHORT 📉

Entry: 4327.30 – 4334.24
TP1: 4309.96
TP2: 4303.02
TP3: 4289.15
SL: 4351.58