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Most traders are still bullish on $XAG /USDT—here’s why that’s a trap.
$XAG /USDT - SHORT
Trade Plan:
Entry: 60.46 – 60.78
SL: 62.19
TP1: 59.44
TP2: 58.65
TP3: 57.47
Why this setup?
Why now? 4h bias is SHORT with 55.4% confidence, and 1D trend is range—not uptrend. RSI on 15m sits at 45.38, neutral but slipping. Entry at 60.62 with TP1 at 59.44, TP2 at 58.65. ATR on 1h is 0.656—tight, but range-bound. If 60.46 support breaks, the short path opens.
Debate:
Are you shorting the 60.62 break or waiting for a fakeout above 60.78?