$XAG
Silver has recorded a reported long liquidation worth $27.479K around $60.91. Among the assets in this update, this is the largest reported liquidation amount, making the price action worth monitoring.
However, a larger liquidation does not necessarily mean a reversal is coming. The next move will depend on whether buyers can absorb the selling pressure or sellers continue pushing the market lower.
Potential Entry Zone: $60.01–$60.91
Take-Profit Levels:
TP1: $61.52
TP2: $62.13
TP3: $62.74
TP4: $63.35
Stop-Loss: $59.09
Before considering a long position, look for price stabilization, improving buying pressure, and a recovery above short-term resistance. Silver can be volatile, so keep an eye on market news and avoid taking unnecessary risks.
Please verify the exact XAG instrument and contract specifications on Binance. These are illustrative calculations, not confirmed live technical levels.
$XAG
$ETH
#XAGTrading #EtherETFsExtendOutflowsToNineDays #EthereumSurpasses2500USDT #Silver #MarketAnalysis
Silver has recorded a reported long liquidation worth $27.479K around $60.91. Among the assets in this update, this is the largest reported liquidation amount, making the price action worth monitoring.
However, a larger liquidation does not necessarily mean a reversal is coming. The next move will depend on whether buyers can absorb the selling pressure or sellers continue pushing the market lower.
Potential Entry Zone: $60.01–$60.91
Take-Profit Levels:
TP1: $61.52
TP2: $62.13
TP3: $62.74
TP4: $63.35
Stop-Loss: $59.09
Before considering a long position, look for price stabilization, improving buying pressure, and a recovery above short-term resistance. Silver can be volatile, so keep an eye on market news and avoid taking unnecessary risks.
Please verify the exact XAG instrument and contract specifications on Binance. These are illustrative calculations, not confirmed live technical levels.
$XAG
$ETH
#XAGTrading #EtherETFsExtendOutflowsToNineDays #EthereumSurpasses2500USDT #Silver #MarketAnalysis