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$XAG Insiders are quietly shorting @XAG/USDT@, while retail investors are chasing the highs.
$XAG - Short Strategy
Trading Plan:
Entry Price: 76.50 – 76.60
Stop Loss: 77.07
First Target Price: 76.16
Second Target Price: 75.90
Third Target Price: 75.51
Why adopt this layout?
The 4-hour chart shows a 55% probability of a short, consistent with the oscillation trend on the 1-hour chart. The 15-minute RSI indicator is at 52.67, indicating a neutral market with weakening momentum. The ATR value on the 1-hour chart is 0.542, suggesting a potential compression move. Enter around 76.55, with the first target set at 76.16, allowing for a quick 0.5% profit before the next decline.
Discussion:
Would you choose to short on a breakout at 76.55, or wait for a false breakout above 77.07?
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