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$SLV /USDT Perp – "Bearish Rejection – Short"**


**Trading Plan Short $SLV
Entry: 58.60
SL: 59.50
TP1: 57.63
TP2: 57.30
Explanation: SLV is in a steep decline after rejecting the 61.55 high. It is currently trading below the yellow resistance line (60.21) with a negative MACD. Shorting any weak relief bounce toward 58.60 targets the recent 57.63 low, with an extension to the purple support at 57.30.
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SLVSLV-4.82%

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BtcMartingale
a few seconds ago
The high-level shorting idea is fine, but SLV’s volatility has been a bit bizarre lately, so keep a close eye on it.
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StopLossSentry
2 minutes ago
The 61.55 double-top rejection played out exactly by the book—followed it.
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RiskTower
5 minutes ago
Is 57.3 the purple support? Feels like another drop could test the previous low.
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PositionDoctor
15 minutes ago
The downtrend channel remains intact, so shorting the rebound is the standard move. Wait and see how the volume looks around 58.6.
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FlashLoanFlaneur
15 minutes ago
The stop-loss at 59.5 is a bit wide, so the position size needs to be controlled.
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SavingCoffee
18 minutes ago
First Review
TP1 57.63 is the previous low, while TP2 57.3 has support; the risk-reward ratio is decent.
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