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Silver$XAG /USDT 4-hour level hides murderous intent, bearish signal has emerged!
XAG_USDT - Short SHORT
Trading Plan:
Entry: 61.99 – 62.15
SL: 62.80
TP1: 61.52
TP2: 61.15
TP3: 60.60
Why pay attention to this structure?
- Current price 62.07, exactly touching 4-hour EMA resistance, 1-hour RSI 62.07 shows overbought pullback demand.
- 1-day trend oscillating range, but short-term bearish signal is clear: entry 62.07, stop loss 62.80, risk-reward ratio above 1:2.
- Why now? 15-minute RSI has dropped to 48.49, momentum is declining, bears are gathering strength.
Discussion:
Will this short position first reach TP1 61.52, or directly cascade to TP2 61.15?