Technical analysis by naumanfx_ about Symbol PAXG: Sell recommendation (2/22/2025)

naumanfx_

📊 Market Structure & Key Zones:T O J O I N P R E M I U M W H A T A P P : STAR 9 2 3 1 0 5 3 9 6 7 3 1Accumulation Phase:The price has been consolidating within a range (marked in purple), indicating an accumulation phase before a breakout.Liquidity Ranges:Buy-Side Liquidity (BSL) Zone: Identified around 2953-2961, where price is expected to sweep liquidity before reversing.Sell-Side Liquidity (SSL) Zone: Located near 2892, acting as a potential downside target if price rejects from the BSL zone.Trading Plan & Market Expectation:Bullish Move First: Price is likely to test last week's high near 2953, sweeping liquidity.Rejection & Short Setup: If price closes inside the red liquidity zone, it could signal a good short opportunity, targeting lower liquidity areas near 2900-2892.Key Confirmation:Wait for price to enter the red BSL zone, sweep liquidity, and confirm rejection before considering short positions.📝 Trading Idea Summary:✅ Watch for liquidity grab near 2953-2961.✅ Look for a bearish confirmation inside this zone.✅ Potential downside target: 2900-2892 SSL range.🔔 Stay updated & trade smart! Let me know your thoughts in the comments! 👇📉