Technical analysis by DAY11 about Symbol PAXG: Buy recommendation (6/10/2025)

#paxg PAXGAscending Triangle pattern Time frame - 4hrs Key points: Upper Resistance line- The price hits a consistent resistance level multiple times, means a forming horizontal line in the top, we can see the sellers defending the exact price point .Rising lower support line-The price makes higher lows in the time frame, farming upward sloping trend line. Here we can see increasing buying pressureConclusion-Forming a pattern during the time volume decreases indicating consolidation, meanwhile we can see spike in the price movements during the breakout.If the breakout happen above the resistance that mean continuation in the bullish trend. And if the Breakout happen below the support line that mean the pattern failed.