Technical analysis by Jack-Mastermind about Symbol PAXG: Buy recommendation (5/21/2025)

We’re seeing a well-structured breakout from a descending channel after a prolonged consolidation phase. Here's the breakdown of the current setup:Key Observations:Break of Structure (BOS) followed by consolidation shows seller exhaustion and buyer strength building.Price has broken above the descending trend line and retested it as support.Strong bullish momentum has taken price above the 3,307 level, signaling potential for continuation.Support & Resistance Levels:Support Zone: 3,279 – 3,307Resistance Targets:3,346 (first target)3,381 (intermediate target)3,412 (major resistance level)Setup:Look for a minor pullback towards the 3,307 support level.Confirmation of support holding can provide a high-probability entry for longs.TP1: 3,346 | TP2: 3,381 | TP3: 3,412Risk Management Tip: A break below 3,279 invalidates the setup short term. Always use a stop-loss based on your risk appetite.This is a clean setup based on market structure and price action, ideal for traders looking for trend continuation plays.Trade Active Guyys 3300Discipline is key — control your stop loss!Don’t let emotions manage your trades.Stay sharp. Stay profitable.