Technical analysis by Ttrade-With-Logic about Symbol PAXG: Buy recommendation (6/8/2025)

Ttrade-With-Logic

🧠 **Technical Summary:*** **Pattern:** Falling wedge (bullish)* **Support Zone:** \$3,287 area (highlighted in green)* **Resistance Zones:** Two supply zones around \$3,340–\$3,360 and \$3,370–\$3,380 (marked in red)* **Current Price:** \~\$3,310* **Projection:** Bounce from the lower wedge trendline or green support → consolidation → breakout to the upside---### 🔍 **Price Action Outlook:*** 📉 **Short-Term Bias:** Bearish until price tests the wedge bottom or hits demand near \$3,287* 📈 **Medium-Term Bias:** Bullish if: * Price forms a double bottom or bullish structure near \$3,287 * Breaks out of wedge top with momentum* 🔄 **Invalidation:** Clean break below \$3,287 with no strong rejection would void the bullish wedge idea---### 📌 Trading Plan (based on chart):* **Watch for bullish reaction near \$3,287–\$3,300*** **Confirmation Entry:** After breakout and retest of wedge + break of supply (\~\$3,360)* **Targets:** \$3,400+ range* **Stop-loss:** Below \$3,280 swing low (conservative)