#nysilverfuturesdrop3%
🔥📉 Silver NY contracts — Silver fell 3%! 🥈⚡
🚨 Silver futures contracts were hit by a sharp drop, falling by about 3% and trading near the $67–68 per ounce zone. It’s clear that the bears are putting pressure on the market! 🐻📊
🔴 Key levels to watch:
• 🛡️ Support: $66–67
• ⚠️ Resistance: $68–70
• 🚀 A strong move back above the resistance level could improve bullish momentum.
• 📉 Losing support may bring additional downside pressure.
👀 What traders should pay attention to:
Don’t rush into a trade after a big move. Wait for signal confirmation, manage risk carefully, and avoid excessive leverage use. ⚠️💰
📊 Example: If a hypothetical trade moves in your favor by 2%, a position worth 100 USDC would make a total profit of about 2 USDC before fees. And if it moves against you by 2%, the loss would be about 2 USDC.
🔥 Silver at a critical area — will the bulls reclaim it, or will the bears push it lower? 🐂 vs 🐻
Please follow up
#Silver #XAGUSD #NYMEX #SilverFutures
$SI.US
$USDC
🔥📉 Silver NY contracts — Silver fell 3%! 🥈⚡
🚨 Silver futures contracts were hit by a sharp drop, falling by about 3% and trading near the $67–68 per ounce zone. It’s clear that the bears are putting pressure on the market! 🐻📊
🔴 Key levels to watch:
• 🛡️ Support: $66–67
• ⚠️ Resistance: $68–70
• 🚀 A strong move back above the resistance level could improve bullish momentum.
• 📉 Losing support may bring additional downside pressure.
👀 What traders should pay attention to:
Don’t rush into a trade after a big move. Wait for signal confirmation, manage risk carefully, and avoid excessive leverage use. ⚠️💰
📊 Example: If a hypothetical trade moves in your favor by 2%, a position worth 100 USDC would make a total profit of about 2 USDC before fees. And if it moves against you by 2%, the loss would be about 2 USDC.
🔥 Silver at a critical area — will the bulls reclaim it, or will the bears push it lower? 🐂 vs 🐻
Please follow up
#Silver #XAGUSD #NYMEX #SilverFutures
$SI.US
$USDC
