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Most traders are long $XAG /USDT right now—here’s why that’s a trap.
$XAG /USDT - SHORT
Trade Plan:
Entry: 73.83 – 74.11
SL: 75.28
TP1: 72.99
TP2: 72.33
TP3: 71.35
Why this setup?
RSI on 15m sits at 50.44, neutral but fading. 4h trend is range-bound, not bullish. Short bias at 55% confidence with entry near 73.97 means the upside is capped. Why now? ATR on 1h is 0.546—tight squeeze favors the short side.
Debate:
Are you buying the dip or waiting for the breakdown to TP1 at 72.99?