XAGUSDT Perp (Silver) is currently showing an aggressive price structure on the 15-minute timeframe. The market witnessed a major dump from the 121 zone, followed by a quick recovery bounce, pushing the price back near 115 USDT.
At the moment, price is trading around 115.12, and volatility remains high — meaning this is a zone where both breakout and reversal traps can occur.
✅ Current Market Snapshot
Last Price: 115.12
Mark Price: 115.07
24H High: 121.74
24H Low: 107.33
Price is up +2.62% in the last 24 hours.
This confirms strong intraday momentum, but also confirms high risk conditions.
🔥 Price Action Breakdown (15m)
The chart shows a clean sequence:
✅ Peak near 121.74
✅ Sudden heavy sell-off
✅ Strong bearish candle pushing down to 107.33
✅ Immediate bounce with multiple green candles
✅ Now price is consolidating around 114–116
📌 This movement is typical of:
stop-loss hunts
liquidity sweeps
or major institutional volatility
The market is no longer trending smoothly — it’s moving in bursts.
📉 Supertrend (10,3): Trend Still Uncertain
Supertrend value is around 116.71, while price is still below it.
👉 Meaning:
Price is still below Supertrend resistance
Market is trying to recover, but trend is not confirmed bullish yet
Bulls need a strong close above 116.7–117 for confirmation
Until then, the move can remain a pullback inside a bearish structure.
📌 Important Support & Resistance Levels
🟢 Support Zones
112.9 – 113.5 (local support after bounce)
109.7 – 110.0 (major support zone)
107.3 (day low – breakdown level)
🔴 Resistance Zones
116.1 – 116.7 (Supertrend resistance)
119.2 (major supply zone)
121.7 (day high)
📈 KDJ Momentum Signal
KDJ values are elevated:
K: 73.44
D: 71.25
J: 77.84
📌 This suggests:
momentum is strong
but also getting closer to “overbought-style” conditions
So price may continue up, but it can also retrace sharply if buyers lose control.
🧠 Trade Plan (Educational)
✅ Bullish Setup
If price breaks and holds above 116.7–117, then upside targets:
119.2
121.7
✅ Bearish Setup
If price fails to break Supertrend and rejects from 116 zone, then downside targets:
113
110
(extreme) 107.3
🏁 Conclusion
XAGUSDT is currently in a high volatility recovery phase after a strong liquidation-style dump.
📌 Key level to watch: ✅ 116.7–117 (Supertrend breakout confirmation)
Until this level is reclaimed, the market can remain unstable — with high chances of sudden reversals and stop hunts.