Technical analysis by Hamza_hetic about Symbol PAXG on 8/31/2025

Key Levels: •Strong Resistance: 3,440 – 3,460 zone •Support: 3,220 – 3,240 zone •Current Price: ~3,322 Technical Overview: The price recently tested the strong resistance zone near 3,440 and faced rejection, forming a downtrend. A trendline support has been identified, and the price is currently approaching this level. A potential breakout or bounce from this area will determine the next major move. Scenarios: ✅ Bullish Case: If the price respects the trendline support and rebounds, we could see a retest of the 3,440 resistance zone and possibly higher if momentum continues. ❌ Bearish Case: If the trendline support is broken decisively, the next major target lies near the 3,220 support zone, which aligns with previous demand levels. Trading Plan: •Look for confirmation near the trendline before entering trades. •Manage risk carefully due to high volatility. Key Levels to Watch: •Upside Target: 3,440 – 3,460 •Downside Target: 3,220 – 3,240