🚨 $PAXG /USDT ALERT – POSSIBLE REVERSAL IN PLAY! 🚨

Time Frame: 15-Minute Chart

Price Action: PAXG/USDT has experienced a sharp decline, reaching a low of 2,639 before showing signs of recovery, now stabilizing around 2,659. This bounce could indicate the beginning of a reversal or a temporary correction in the downtrend.

Current Price: 2,659

Trade Setup

Entry Price: 2,655 – Look for potential entries around this level if recovery continues.

Critical Levels

Resistance: 2,680 – Breaking this resistance could suggest a stronger upward correction.

Support: 2,640 – Key support to watch; a drop below might lead to further declines.

Take-Profit Targets

1. TP1: 2,670

2. TP2: 2,690

3. TP3: 2,710

Stop Loss: 2,630 – To manage risk in case of a continued downtrend.

⚠️ Caution: Monitor for confirmation of the bounce or any signs of weakening momentum. Volume activity should also be watched closely to gauge the strength of this potential reversal.

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