Gold‑backed PAXG is feeling the pressure as the broader metal rally stalls and risk assets wobble. The token is now perched just below a key resistance that has held since the last Fed minutes.
🔴 $PAXG SHORT 📉
Entry → $4,163.75-$4,172.09
Stop → $4,292.96 (-3.0%)
TP1 → $4,105.40 (+1.5%)
TP2 → $3,959.52 (+5.0%)
R/R 1:1.7 • Confidence 64%
A change of character broke the bullish swing, and the order block from the recent pullback aligns with a fair‑value gap that the price is now filling. CVD shows a surge of sell volume confirming the break, and the overlap of the order block and FVG creates a point of interest that pins the market. The structure is now in a short‑biased swing with lower highs forming.
A 3.0% stop is fairly tight on this swing, so a modest 2‑3× leverage keeps risk manageable.
Take half profit at the first target around 1.7% upside from entry.
As always: manage your risk, this is not financial advice 🙏
$PAXG #PAXGUSDT #septembercpiwatch #TradingSignals #Write2Earn
🔴 $PAXG SHORT 📉
Entry → $4,163.75-$4,172.09
Stop → $4,292.96 (-3.0%)
TP1 → $4,105.40 (+1.5%)
TP2 → $3,959.52 (+5.0%)
R/R 1:1.7 • Confidence 64%
A change of character broke the bullish swing, and the order block from the recent pullback aligns with a fair‑value gap that the price is now filling. CVD shows a surge of sell volume confirming the break, and the overlap of the order block and FVG creates a point of interest that pins the market. The structure is now in a short‑biased swing with lower highs forming.
A 3.0% stop is fairly tight on this swing, so a modest 2‑3× leverage keeps risk manageable.
Take half profit at the first target around 1.7% upside from entry.
As always: manage your risk, this is not financial advice 🙏
$PAXG #PAXGUSDT #septembercpiwatch #TradingSignals #Write2Earn