SILVER: Summary of TraderCash Community Discussions (05:00:10 ~ 06:00:10)

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1. The current recommendation is to continue short"SILVER". The current price has precisely reached a strong resistance zone and been rejected, confirming the continuation of the bearish trend. Closely monitor the 54-55 area, which is a historically strong resistance bottom, and a rebound buying opportunity is expected. There are no signs of excessive upward movement or tentative position building; follow the downward trend. 2. Position and Risk Management Recommendations: We suggest a small short short in the resistance zone, with a minimal stop-loss order to manage risk. The target price is set in the 54-55 range; at that point, consider gradually reducing the position or switching to a long position. While the specific timeframe is not specified, we emphasize that the bearish outlook remains until the current trend confirms the effectiveness of the resistance level. 3. This strategy is suitable for aggressive, short-term trend-following short positions, utilizing resistance levels to avoid rapid entry and establishing clear stop-loss orders. The 54-55 area represents a potential rebound entry point, suitable for conservative medium-term traders looking to buy on dips. The strategy emphasizes that "rebounds are escape windows," avoiding prolonged positions and prioritizing quick entry and exit with the trend.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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