Technical analysis by xxChartWhizxx about Symbol PAXG: Sell recommendation (4/23/2025)

🔹 Price Structure:Price is in a short-term downtrend channel.Currently trading at $3,336, heading towards a major support zone around $3,315–$3,310.RSI at 36.6 is nearing oversold territory – indicating downside momentum slowing.🔹 Key Zones:Support: $3,315 (major support with bounce potential)Resistance: $3,380 (target if support holds)Breakdown target: $3,290 (if major support breaks)🔹 Price Action Possibilities:🔁 Bounce Scenario: Price touches major support, RSI bounces, and price rallies back to $3,380 (drawn with the up arrow).🔻 Breakdown Scenario: Price fails to hold support and drops toward $3,290 (red arrow path).