Silver plunged by more than double digits yesterday, but from a technical perspective, this wave of correction is quite balanced. Previously, it rose from 60 to around 84, with an increase of nearly 40%. We analyzed this market trend with everyone at that time, and now the correction is actually digesting those profit-taking positions, which has actually given many friends a second opportunity to enter.
The current question is, can silver rebound from this position and re-establish above the three-digit mark? This is a point of focus in the market right now. Based on the current support levels and overall trend, as long as trading volume can support it, the next upward space is still worth期待ing. Many traders are waiting for this point to rebuild positions, after all, opportunities to buy low are not available every day.
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WagmiWarrior
· 15h ago
The low point is back again. Can we really reach three digits this time? Feels like I say this every time, haha.
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SerNgmi
· 15h ago
Picking up bargains at the low end, here we go again with this set
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MemeKingNFT
· 15h ago
It's the same old story again. Last time, you said that 60 to 84 was an opportunity, and now you're saying that the pullback is for digesting the correction before the second round of intervention. I really can't quite understand it.
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DefiSecurityGuard
· 16h ago
nah, this silver dump smells like classic pump-and-dump setup tbh. "balanced correction" lol, that's what they always say before the rug gets pulled harder. DYOR on those volume metrics before you FOMO into round two, seriously.
Silver plunged by more than double digits yesterday, but from a technical perspective, this wave of correction is quite balanced. Previously, it rose from 60 to around 84, with an increase of nearly 40%. We analyzed this market trend with everyone at that time, and now the correction is actually digesting those profit-taking positions, which has actually given many friends a second opportunity to enter.
The current question is, can silver rebound from this position and re-establish above the three-digit mark? This is a point of focus in the market right now. Based on the current support levels and overall trend, as long as trading volume can support it, the next upward space is still worth期待ing. Many traders are waiting for this point to rebuild positions, after all, opportunities to buy low are not available every day.