Technical analysis by Vishalatul097 about Symbol PAXG on 3/18/2025

Trend Analysis: The broader trend appears to be downward, with Bitcoin forming a potential falling wedge on the daily chart. Falling wedges are generally considered bullish reversal patterns, but confirmation is needed. Support and Resistance: Support: $82,500 is a critical short-term support. Below this, $79,000 and the stronger zone around $76,100–$73,600 are key supports. Resistance: $85,100–$85,300 is the immediate resistance. If BTC breaks this zone with a strong daily close, it could lead to a significant upward move. Volume: The volume seems relatively low, indicating possible indecision in the market. A volume spike could confirm a breakout or breakdown.