XAG holds firm at the high level, but the position size shrank by 5.59% in a single day, and in the next 7 hours another 1.87% was withdrawn—yet the price still stubbornly stays above 61, pretending to be dead. This is longs quietly exiting, not a shakeout. The rebound peak has slid from 61.38 down to 61.24 step by step; after three attempts, it still couldn’t break past 61.53—that’s the point of a depleted crossbow. The funding rate goes to zero; even the longs have no desire to add more. What are they holding up with? Short at 61.14. First target 58.00—hold steady, don’t let go. If it breaks down, then look at 56.00. Set stop-loss at 62.60. If it goes back above, then I’ve misread it—cut my losses and leave. People still buy this kind of junk; it drops until you doubt your own life.
