Silver bulls are barely hanging on at 56.08—are the bears about to launch a full-scale assault?



$XAG /USDT - SHORT

Trading plan:
Entry: 56.04 – 56.12
SL: 56.45
TP1: 55.80
TP2: 55.62
TP3: 55.34

Why focus on this setup?
- The 4-hour timeframe is bearish; the 15-minute RSI is only 52.13, and the rebound momentum has run out.
- Within the daily trading range, 56.08 is the resistance level, and the bears have an excellent risk-reward ratio.
- Currently waiting for entry; SL 56.45 is clear, and TP1 55.80 is right within reach.

Discussion:
If you short at 56.08, do you think silver will first test 55.80—or will it lure longs and sweep stop-losses?
XAG0.02%
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