Silver: this 57.09 SHORT position— is it the end of the rebound or a trap?



$XAG /USDT - SHORT

Trading plan:
Entry: 56.99 – 57.19
SL: 58.05
TP1: 56.37
TP2: 55.89
TP3: 55.18

Why watch this setup?
- 4H-level bearish structure, but the 1D trend is just ranging, not a one-way selloff.
- RSI on 15M is at 48.22, neutral-to-weak; it hasn’t reached oversold yet, so there’s still downside room in the short term.
- Now entering at 57.09: TP1=56.37, TP2=55.89, stop-loss 58.05, risk-reward ratio about 1.5:1.
- Why enter now? Because the 4H bearish signal has just been triggered, and within the 1D range, selling short at the resistance area is a trend-following window.

Discussion:
Will this move first hit TP2, or will it bait a long/false breakout rebound before dropping?
XAG-2.34%
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