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Technical analysis by Zickey_11 about Symbol PAXG: Buy recommendation (5/6/2025)

https://sahmeto.com/message/3487684
Zickey_11
Zickey_11
Rank: 613
3.0
Buy،Technical،Zickey_11

Technical Analysis1. Trend Overview:Uptrend Momentum: The market is currently showing bullish strength. The price has broken above key resistance levels, confirming upward momentum.Higher Highs and Higher Lows: A structure of higher highs and lows supports the uptrend scenario.2. Entry Point: 3313This level may have been a breakout point or a retracement zone (e.g., 38.2% or 50% Fibonacci level) acting as a confirmation of bullish continuation.If volume increased at this level, it adds confidence to the entry.3. Target Point: 3500The target suggests an upside potential of +183 pips, which is significant.This level might align with a major resistance zone or a psychological round number.4. Support and Resistance Zones:Immediate Support: 3313 (entry), followed by 3280 and 3250.trade active

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$3,311.47
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