$XAG (Silver) is showing a clean bounce from its demand zone ๐โจ
XAGUSDT
Perp
74.39
+0.93%
After a sharp drop, price found solid support around 71โ72 and is now bouncing back with strong bullish candles. Short-term structure is starting to shift upward, but thereโs still some resistance ahead that needs to be cleared.
Key Levels ๐
Support: 72.0 โ 71.0
Resistance: 74.0 โ 75.0
Setup Overview ๐
Entry: $72.8 โ $73.7
Stop Loss: $71.0
Targets ๐ฏ
TP1: $74.5
TP2: $76.0
TP3: $78.0
A break above 74 could open the door for a strong continuation move ๐
But if price gets rejected, we may see a pullback again toward the 72 zone.
Patience matters here โ buy dips, donโt chase strength.