$PAXG wedge is coiling tight π§¨
Price just got flushed from 4350 and is sitting on thin support near 4180. That rejection was fast and clean β the kind that shakes weak hands before the real move.
β‘ The trigger is a reclaim above 4250, which opens the path to the 4280β4300 resistance zone. Invalidation is a daily close under 4170, with 4100 next in line after that. π
π― Bulls are defending this level now. If momentum holds here, the wedge structure still favors a push back to resistance.
June 17 already printed a bull trap. π Same zone, same risk β 4300 is the ceiling until it isn't.
Price needs to hold 4180 and break 4250 to mean anything. π₯
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