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$PAXG (1h) - Bearish Breakdown Retest
Bias: Short
Entry (Zone): 4140 - 4170
Targets:
TP1: 4100
TP2: 4060
TP3: 3985
Stop Loss: 4210
Why this Setup:
I’m looking for a continuation move after the sharp selloff, with any bounce back into the breakdown area acting as a potential retest. Price is still trading below recent support, so I prefer shorting strength into resistance and targeting the next lower liquidity zones.