Silver bulls fleeing? 58.42 is the last line of defense



$XAG /USDT - SHORT

Trade Plan:
Entry: 58.30 – 58.54
SL: 59.57
TP1: 57.56
TP2: 56.99
TP3: 56.13

Why focus on this structure?
- 1D trend is sideways, but 4H direction is clearly bearish. Current price 58.42 is a key resistance.
- 15M RSI is only 52.6, lacking momentum, rebound unable to break 58.54.
- If it breaks below 58.30, it heads directly to TP1 57.56. Stop loss at 59.57 is reasonable.
- Why now? End of consolidation + low RSI = bears building power.

Discussion:
Will this first reach TP2 56.99, or fake out and bounce back to 59.57?
XAG0.60%
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