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$PAXG — I’m focused on this because price dropped aggressively from the 5,630 zone, swept liquidity cleanly near 5,165, and then reacted immediately. That kind of sharp rejection usually tells me forced selling just ended and buyers are stepping in.
Market read
I’m seeing a clear liquidity sweep followed by absorption. The long wick into 5,165 shows stops were taken hard, but sellers failed to hold price lower. Since then, PAXG has reclaimed ground and started stabilizing. That behavior often signals a short-term base forming after panic.
Entry point
I’m looking to enter around 5,220 – 5,300. This zone sits right above the swept low and gives me a clean structure to lean on without chasing the move.
Target points
TP1: 5,400 – first resistance and relief level
TP2: 5,520 – previous consolidation zone
TP3: 5,630 – 5,680 – range high and expansion target
Stop loss
My stop is at 5,120. If price accepts below the liquidity sweep low, the setup is invalid and I step aside instantly.
How it’s possible
Liquidity below 5,170 is already cleared, and price failed to continue lower. That opens the door for a corrective push back toward imbalance zones above. As long as buyers defend this base, upside continuation remains realistic.
I’m not predicting, I’m reacting to structure. Risk is defined, levels are clear, and patience does the rest.
Let’s go and Trade now $PAXG