Technical analysis by MALBERT3468 about Symbol PAXG: Sell recommendation (7/3/2025)
MALBERT3468

May be market bearish in down side.📉 Trade SetupEntry Point: Around $3,325 – price is currently at this level.Stop Loss: Set just above the resistance zone (~$3,340–$3,349), protecting against false breakouts.Target: Projected around $3,290, which aligns with a previous demand/support zone and potential measured move from the bearish impulse.✅ Reasons Supporting Bearish Bias:Bearish Engulfing/Impulse Candle: Downward thrust from resistance suggests sellers are stepping in.Break of Market Structure: The price broke below higher lows, signaling possible trend reversal.Retest of Broken Support (now Resistance): Classic bearish retest setup.Bearish Projection Arrow: Visual forecast indicating expected downward price action.This is a bearish reversal trade setup anticipating a move down from resistance to a lower target near $3,290. A tight stop loss and defined risk-reward ratio make it a technically sound setup, assuming no major news events contradict the trend.Sorry guys Stop Loss hit . but dont very . i recover your losses and ready for next setup.