$XAG (1h, Perp) – Quick Analysis
• Trend: Clear bullish structure. Price has moved strongly from ~73 to ~86, making higher highs and higher lows.
• Moving Averages: Price is holding above MA(7) & MA(25) → short-term momentum still bullish. MA(99) far below = strong trend support.
• Resistance: Around 86.3–87.0 (recent high rejection zone). Price is currently consolidating just under it.
• Support:
• Minor: 84.8–85.0 (MA cluster)
• Stronger: 83.3–84.0
• Volume: Expansion on the breakout, slightly cooling during consolidation → healthy pause, not weakness.
Bias:
• Above 84.8 → bullish continuation likely
• Clean break & hold above 86.5 → next push up
• Lose 84.0 → deeper pullback possible
Overall: Bullish trend, short-term consolidation before next move. 📈
If you want, I can also mark entry / SL / TP levels or check another timeframe.
