MCX Silver Futures – 15min Trade Analysis

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MCX Silver Futures – 15min Trade AnalysisSilver FuturesMCX:SILVER1!ChartPathikSILVER1! A fresh bullish momentum trade is identified, with price currently at 148,220 and the breakout entry having just triggered at 148,000. Trade Structure Entry: Buy triggered on breakout above 148,000, confirming momentum and reversal from recent swing lows. Stop Loss (SL): Placed at 146,850, below the local swing low and consolidation, protecting against sudden reversal. Target: Set at 150,000, just below prior highs and the psychological round number, providing a strong risk-reward profile. Logic & Risk-Reward Upside Logic: The setup expects the sharp recovery and volume burst to sustain. Once above 148,000, bulls may drive for a new high toward 150,000. The position offers a favorable R:R, with the zone between 146,850 and 148,000 acting as a base. Downside/Pullback Caution: Any quick rejection below 148,000 or increased selling could mark a false breakout, so the SL at 146,850 is essential for protection.