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Most traders are panicking—$XAG /USDT just flashed a 35 RSI, but I see a 77% confidence LONG setup.
$XAG /USDT - LONG
Trade Plan:
Entry: 67.72 – 68.00
SL: 66.10
TP1: 69.18
TP2: 70.06
TP3: 71.38
Why this setup?
Why now? The 4h MTF shows a range-bound trend, yet the 15m RSI at 35.67 screams oversold. With entry at 67.86 and a tight SL at 66.10, the risk-to-reward favors TP1 at 69.18. The 1h ATR of 0.56 confirms enough volatility to snap back.
Debate:
Are you buying the dip or waiting for a trend confirmation before this silver squeeze?