📉 XAG/USDT: Silver Facing Bearish Pressure!
Silver is showing signs of structural weakness after a sharp rejection from the 83.00 psychological level. We are now seeing a series of lower highs on the shorter timeframes, suggesting that momentum is shifting in favor of the sellers.
As the price hovers near a key range level, the probability of a downside move is increasing. This setup offers a high-precision entry with a very attractive risk-to-reward ratio.
🚀 Trade Plan: SHORT
Entry Zone: 79.30 – 79.50
Stop Loss (SL): 84.05
Take Profit (TP):
🎯 TP1: 77.95
🎯 TP2: 76.60
🎯 TP3: 74.20
💡 Why This Setup?
Strong Rejection: Price failed to sustain above 83.00, confirming heavy supply.
Weakening Momentum: Sellers are gradually stepping in as buyers lose steam.
Range Play: Currently positioned at a crucial internal level, making it a prime spot for a breakdown toward lower targets.
Trade here: $XAG
