🚀 $XAG (Silver) 1H Update
Silver formed a clean Double Bottom near 49.00 and broke out with a strong green candle, making a new Higher High at ~51.70. Volume is picking up, and RSI is around 70 (momentum is strong, but a small pullback is possible).
📌 Setup (Long):
• Entry: 50.80 – 51.20 (on a retest)
• Stop Loss: 49.00
• TP1: 52.50
• TP2: 53.50
• TP3: 54.00
⚠️ If price closes below 49.00, the setup is invalid. Use proper risk management.
Not financial advice. DYOR.
#Silver #xagusdt #Futures #TechnicalAnalysis #BinanceSquare
Silver formed a clean Double Bottom near 49.00 and broke out with a strong green candle, making a new Higher High at ~51.70. Volume is picking up, and RSI is around 70 (momentum is strong, but a small pullback is possible).
📌 Setup (Long):
• Entry: 50.80 – 51.20 (on a retest)
• Stop Loss: 49.00
• TP1: 52.50
• TP2: 53.50
• TP3: 54.00
⚠️ If price closes below 49.00, the setup is invalid. Use proper risk management.
Not financial advice. DYOR.
#Silver #xagusdt #Futures #TechnicalAnalysis #BinanceSquare
