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Everyone’s buying the dip on $XAG /USDT, but the 4h data just flagged a short signal.
$XAG /USDT - SHORT
Trade Plan:
Entry: 61.14 – 61.42
SL: 62.61
TP1: 60.28
TP2: 59.62
TP3: 58.62
Why this setup?
Why now? RSI on the 15m is already at 39.31—weak momentum. 1D trend is range-bound, not bullish. ATR shows 0.55 volatility, so the short targets (TP1: 60.28, TP2: 59.62) are within reach before any reversal.
Debate:
Is this a trap for late longs or the start of a silver flush?