Bullish setup after liquidity sweep

Silver has swept downside liquidity and consolidated. The technical setup anticipates a bullish continuation if price recovers above the entry zone.

Entry planned at $65.30

The trade entry is set at $65.30, above current price of $63.86. Price must reclaim this level to confirm the bullish scenario.

“Price is currently trading below the marked entry zone, with the setup structured around a potential recovery above 65.30.”

Stop loss just above entry

The stop loss sits at $65.44, very close to entry. This tight risk management suggests the setup invalidates quickly if price fails to hold.

First target at $68.67

Take profit 1 aims for $68.67, a resistance area. This represents the initial upside objective if bullish momentum develops.

Extended target reaches $72

Take profit 2 sits at $72.02 for traders holding through the first target. This extended goal depends on sustained bullish momentum.

Confirmation needed above entry

Price acceptance above $65.30 would validate the setup. Failure to reclaim this zone invalidates the bullish structure entirely.

“This is a chart-based technical scenario, not a guarantee of future price movement.”