Technical analysis by Ibrahim_Trade786 about Symbol PAXG: Sell recommendation (7/24/2025)

bearish trend, with a clear downward momentum. The chart appears to be forming a descending triangle pattern, with a potential breakdown below the current support level. The price is currently trading near a key level, with a potential target below $3,310. The chart suggests that the price may continue to fall, driven by strong selling pressure. Key Levels to Watch - Support: $3,323.649 - Resistance: $3,428.602 Trading Strategy - Consider entering a short position on a breakdown below the support level at $3,323.649 - Set stop-loss above the resistance level at $3,428.602 - Monitor price action and adjust strategy accordingly Boost Like this analysis? Give it a boost and share your thoughts with the community! Comment What's your take on the price action? Do you think it'll break down below $3,310 or bounce back? Share your analysis and let's discuss!