$XAG (Silver) dumped from 118 → 106 🤔
More downside… or reversal loading? 👀📉
Silver just saw a sharp pullback after a strong rally, and now it’s sitting at a key decision zone.
🔻 Why the dump happened:
Aggressive profit-taking after a parabolic move
Overheated short-term momentum
Liquidity sweep below late longs
🟢 Reversal / Accumulation case:
106–104 is a strong demand & previous breakout zone
If selling pressure cools and wicks start forming, this looks like healthy correction, not trend failure
Holding above 105 keeps the bullish structure intact
🔴 More dump scenario:
Clean breakdown below 104
High volume sell candles with no bounce
Next downside liquidity zone: 100–98
👀 Levels to watch:
Support: 106 – 104
Resistance: 112 – 118
Bias: Neutral → Bullish if support holds
💡 Big moves don’t go straight up. Corrections decide who stays in the trend.
So what’s your play?
📉 More flush?
📈 Or smart money loading the dip?
