🪙 XAG/USDT Perpetual – Silver-Tied Asset Nears Key Level
Current Price: $99.99 (+4.45%)
Mark Price: 100.00
📈 Key Levels & Volume:
24h Range: 95.09 – 100.52
MA60: 99.77 (immediate resistance being tested)
24h Volume: 2.24M XAG / 219.60M USDT
Current Volume: 2.57K vs MA5: 6.16K (below average)
⏰ Market Context:
Price is testing the MA60 resistance after a +4.45% move. Silver-linked assets can be influenced by both crypto sentiment and commodity markets.
🎯 Trade Idea (Breakout / Rejection):
Long Entry (Breakout): Above 100.00
TP1: 101.00
TP2: 102.00
SL: 98.50
Short Entry (Rejection): Below 99.50
TP1: 98.00
TP2: 96.50
SL: 100.50
⚠️ Notes:
Volume is below average, indicating cautious momentum.
Watch for a clear break above MA60 with increasing volume for confirmation.
XAG is often tied to silver markets; monitor both crypto and commodity trends.
🔍 Indicators: MA, EMA, BOLL, VOL