$XAG triggered a long liquidation around $77.46, signaling a downside liquidity grab that cleared late long positions and accelerated selling into support. Price is now sitting near a major demand zone around $75.80–$77.20 where buyers are expected to absorb supply. If this zone holds, a rebound toward resistance at $80.00 becomes likely, with the next upside target near $83.50 where prior distribution occurred. Long liquidation events in metals often mark temporary exhaustion when follow-through selling weakens. A breakdown below $75.80 would expose further downside toward $73.00 before recovery attempts. Structure favors a potential bounce if support is respected. $XAG

XAGUSDT

Perp

78.64

-5.35%

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