Technical analysis by mahdi_ebrahimi_az1 about Symbol PAXG on 10/30/2025

Current Structure: Price is trading within a blue descending channel on the 1-hour timeframe Current price: $3,956.765 near the lower boundary of the blue channel Projected Movement: If price holds the blue channel: Expected oscillation between $3,793 - $3,896 range Potential bounce toward $4,130 - $4,210 zone Critical Breakout Scenario: A break above the pink channel resistance would signal bullish momentum This could trigger an upward move toward the $4,130 - $4,210 target area Key Levels to Watch: Immediate Support: $3,793 - $3,896 Channel Resistance: Pink trendline (breakout level) Upper Targets: $4,130 - $4,210 Trading Bias: Range-bound within blue channel until pink channel breakout Bullish confirmation requires sustained break above pink resistance The price needs to maintain the current channel structure for the $3,793-$3,896 oscillation, with the pink channel breakout being the key signal for upward movement toward $4,130-$4,210.