Technical analysis by Fx_PLAYER23 about Symbol PAXG on 3/11/2025

O Description Resistance Zones (Red Boxes):Several red box resistance areas are marked, indicating price levels where selling pressure has historically emerged.The most active resistance is around $2,927 - $2,932.The price is currently testing a lower resistance zone around $2,914 - $2,918.Support Zones (Red Box Support):There is a strong support level around $2,902.The price has bounced multiple times from lower supports, showing buying strength.Price Action & Projection:The price is fluctuating within the $2,910 - $2,918 range.A bullish bounce is anticipated if price respects the $2,910 support, leading to another test of the $2,918 resistance.A breakdown below $2,910 could push price towards the next support near $2,902.Possible Trading Scenarios:📈 Bullish Scenario:If price holds above $2,910, a push toward $2,918 and possibly $2,927 is likely.Breakout above $2,927 could open doors for $2,932+.📉 Bearish Scenario:If price fails to hold $2,910, a drop to $2,902 support could occur.A breakdown below $2,902 may trigger further downside momentum.This analysis suggests traders should watch key resistance at $2,918 and support at $2,910 for potential breakouts or reversals. 🚀📉Resistance Levels: Watching key resistance at $2,918 and $2,927. A breakout above could push price towards $2,932+. Support Levels: Critical support at $2,910 and $2,902. A breakdown below may trigger further downside. Market Outlook: Price is consolidating; a bullish bounce from support or a bearish breakdown will determine the next move. Trade Plan: Monitor price action around $2,910 - $2,918 for potential breakout or rejection signals.boom boom targat hit 200pips prifit enjoy