Technical analysis by Tdawly_Official about Symbol PAXG: Buy recommendation (6/24/2025)

Key Data Points:Current Price: 3,309.065 USDOpen: 3,358.435 USDHigh: 3,363.900 USDLow: 3,307.295 USDChange: +1.77% (+59,760 points)Volume: Not explicitly stated but implied by "1B" (likely 1 billion units).Price Action & Technical Observations:Trend:The price is currently below the open (3,309.065 vs. 3,358.435), suggesting a pullback after an intraday high of 3,363.900.The +1.77% daily gain indicates overall bullish momentum, but the candle shows rejection near highs (wick formation).Support/Resistance Levels:Resistance:Immediate: 3,362–3,375 USD (previous highs/profit targets).Strong: 3,406–3,425 USD (key profit levels).Support:Immediate: 3,288–3,265 USD (labeled "Entity" and "Profit" zones).Strong: 3,250 USD (psychological level).Profit Targets:The chart marks three profit-taking levels:3,323 USD (minor), 3,362 USD (mid), 3,406 USD (major).This suggests traders are eyeing these levels for potential reversals or take-profit actions.Volume & Momentum:The "+59,760" change with "1B" volume implies strong buying interest, but the long upper wick hints at selling pressure near highs.Potential Scenarios:Bullish Continuation:If price holds above 3,288–3,265 USD, a retest of 3,362–3,406 USD is likely.Bearish Reversal:A break below 3,265 USD could trigger a drop toward 3,250–3,225 USD.