$XAG consolidating after impulse move, structure preparing for continuation
Long $XAG
Entry: 88.20 – 89.50 SL: 86.20
TP1: 90.20 TP2: 90.80 TP3: 91.50 TP4: 92.50
Why: Price is holding around MA7 and MA25 after the recent push to 90.60, showing the market is absorbing selling pressure instead of breaking down. The structure is forming higher lows while RSI is stabilizing near mid-levels, which usually signals accumulation before another move up. If support around 89 holds, continuation toward new highs becomes likely.
Trade $XAG here 👇
{future}(XAGUSDT)
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$XAG consolidating after impulse move, structure preparing for continuation
Long $XAG
Entry: 88.20 – 89.50
SL: 86.20
TP1: 90.20
TP2: 90.80
TP3: 91.50
TP4: 92.50
Why:
Price is holding around MA7 and MA25 after the recent push to 90.60, showing the market is absorbing selling pressure instead of breaking down. The structure is forming higher lows while RSI is stabilizing near mid-levels, which usually signals accumulation before another move up. If support around 89 holds, continuation toward new highs becomes likely.
Trade $XAG here 👇
{future}(XAGUSDT)