🎯 Silver at the bottom: a long from the Smart Money base!
Entered a long position on XAGUSDT at 56.25 (5x leverage).
The trade is already up 1%.
📈 Outlook: An ideal combo on the daily chart (1D). Price is testing the green bullish order block (Bu-OB), bouncing off the lower boundary of the descending channel and the lower Bollinger Band.
This is a zone of extreme oversold conditions! The targets are being pulled like a magnet toward the dense VPVR volume shelf at 64.41, and then to the red Be-BB block at 71.06.
⚠️ Risks: The broader trend is down.
If the lower trendline breaks, the asset could fall another ~11%.
That’s why we’re using conservative 5x leverage, with the stop safely placed below 50.26.
Position is loaded—we’re waiting for the move to play out! 🚀$XAG
Entered a long position on XAGUSDT at 56.25 (5x leverage).
The trade is already up 1%.
📈 Outlook: An ideal combo on the daily chart (1D). Price is testing the green bullish order block (Bu-OB), bouncing off the lower boundary of the descending channel and the lower Bollinger Band.
This is a zone of extreme oversold conditions! The targets are being pulled like a magnet toward the dense VPVR volume shelf at 64.41, and then to the red Be-BB block at 71.06.
⚠️ Risks: The broader trend is down.
If the lower trendline breaks, the asset could fall another ~11%.
That’s why we’re using conservative 5x leverage, with the stop safely placed below 50.26.
Position is loaded—we’re waiting for the move to play out! 🚀$XAG