​🚀 $XAG /USDT: Bounce or More Pain?

​Silver is currently hovering near 68.15 after a massive 21\% monthly drop. The 61.23 support held firm, but can the bulls regain control?

​📉 Trade Plan: XAG/USDT

​Entry: 68.15 (Current) or 65.00 (Retest)

​Targets: 71.10 | 74.00 | 76.60

​Stop Loss: Below 61.00

​🔍 Why this setup?

​Mean Reversion: Price is significantly stretched below the MA(99), suggesting a potential relief rally.

​Wick Rejection: The 61.23 level showed strong buying interest (long lower wick).

​Exhaustion: High selling volume often signals a local bottom.

​🔥 The Debate

​Bulls: "Oversold territory. Perfect spot for a 10\% bounce."

​Bears: "The trend is clearly bearish. Every pump is a selling opportunity."

Trade $XAG here