The false breakout of silver at 58.83—how many people who chased longs did it fool?

$XAG /USDT - SHORT to go short

Trading plan:
Entry: 58.71 – 58.95
SL: 60.01
TP1: 57.94
TP2: 57.35
TP3: 56.46

Why focus on this structure?
- On the 4-hour timeframe, the bearish signal is 55.4 points; the 15-minute RSI has fallen from the overbought zone to 51.57, and momentum is weakening.
- The daily chart’s ranging structure hasn’t broken; 58.83 is the short-term ceiling, and current EMA resistance is clear.
- Why now? Price has just touched the upper edge of the entry zone—there’s a high probability of a long-squeeze trap, with the SHORT risk/reward at nearly 1:3.

Discussion:
Do we take TP1 at 57.94 first, or do we immediately get swept to the SL at 60.01?