$XAG — Bears squeezed as momentum rebounds.



Long $XAG

Entry: 69.50 – 70.30

SL: 67.80

TP1: 72.00

TP2: 74.50

TP3: 78.00

A fresh $1.30K short liquidation just hit XAG at $70.13, forcing bearish traders to cover positions as price pushed higher. The squeeze confirms improving bullish momentum and suggests sellers are beginning to lose control after recent volatility.

Price is recovering above key support levels and showing signs of renewed buyer interest. The latest liquidation adds incremental buying pressure to the market, helping strengthen the rebound as short positions are forced to close.

If XAG maintains the 69.50–70.30 support zone and breaks above 72.00 resistance, momentum could accelerate rapidly toward higher targets. With bears being squeezed and sentiment improving, the path of least resistance is shifting back to the upside as buyers continue rebuilding momentum.
XAG0.14%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned