$PAXG/BTC 4h (#BinanceSpot) Descending trendline break & retest

Paxos Gold broke-out and is pulling back to 200MA and the TL, we expect a bounce again.
If you know how to Margin trade, you can use up to 2x for that set-up

Current Price= 0.04836
Buy Entry= 0.04745 - 0.04605
Take Profit= 0.05146 | 0.05484 | 0.05897
Stop Loss= 0.04297

Risk/Reward= 1:1.25 | 1:2.14 | 1:3.23
Expected Profit= +10.07% | +17.30% | +26.14%
Possible Loss= -8.09%

Fib. Retracement= 0.441 | 0.702 | 1
Margin Leverage= 1x | 2x
Estimated Gain-time= 3 weeks

Tags: #PAXG #PAXGBTC #PaxGold #Paxos #Gold #XAU #PreciousMetal #Hedge #DeFi #BSC #BC #SolEco

Website: paxos.com/paxgold

Contracts:
#ERC20 0x45804880de22913dafe09f4980848ece6ecbaf78
#BEP20 0x7950865a9140cb519342433146ed5b40c6f210f7
#BEP2 PAXG-9B2
#SPL C6oFsE8nXRDThzrMEQ5SxaNFGKoyyfWDDVPw37JKvPTe

Comment:

TP1 would have been reached with +7.72%

Paxos Gold instantly bounced, unfortunately entry was missed by 0.00045, that was so close!
We may be filled on a pull-back later so we'll keep that set-up active until then.