$XAG is showing a bearish continuation setup after breaking below important short-term support and facing persistent selling pressure.
The broader momentum remains bearish, although the market is approaching oversold territory. A pullback toward $51.90–$52.25 followed by rejection could provide a more controlled short opportunity.
EP: $51.90–$52.25
TP1: $51.03
TP2: $50.18
TP3: $49.96
SL: $52.70
The $51.72 support zone is an important liquidity area. A confirmed breakdown could open the way toward $50.18 and $49.96. However, oversold conditions increase the possibility of a temporary bounce, so avoid entering without rejection confirmation. A sustained move above $52.70 invalidates this setup.
Smart entries matter more than frequent entries.#TwoAddressesHoldingAbout1.28BUSDTFrozen
The broader momentum remains bearish, although the market is approaching oversold territory. A pullback toward $51.90–$52.25 followed by rejection could provide a more controlled short opportunity.
EP: $51.90–$52.25
TP1: $51.03
TP2: $50.18
TP3: $49.96
SL: $52.70
The $51.72 support zone is an important liquidity area. A confirmed breakdown could open the way toward $50.18 and $49.96. However, oversold conditions increase the possibility of a temporary bounce, so avoid entering without rejection confirmation. A sustained move above $52.70 invalidates this setup.
Smart entries matter more than frequent entries.#TwoAddressesHoldingAbout1.28BUSDTFrozen