A $3.32K LONG liquidation just hit $XAG at $97.9, flushing leveraged long positions and resetting short-term market structure. This liquidation sweep clears weak hands and often opens a volatility window as price searches for its next direction.
With leverage removed, $XAG is now trading at a key reaction zone. If buyers step in and defend this level with volume support, $XAG could attempt a recovery move. Failure to hold may lead to further downside exploration before balance is restored.
Trade Setup
EP: 97.20 – 98.60
TP1: 101.50
TP2: 106.80
TP3: 114.50
SL: 94.80
Post-liquidation moves can be sharp — let price action confirm direction.
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