market next move 🔻 Bearish Disruption Perspective:
1. Breakdown of the Support Zone
The highlighted red box is acting as support.
However, multiple retests of this zone indicate weakening support.
If price breaks below ~$35.50 decisively, it could trigger a bearish continuation.
2. Low Volume on Recent Candles
Volume appears to be declining during the latest consolidation phase.
A bullish breakout ideally requires increasing volume, which is not evident here.
This could indicate lack of buyer interest at this level.
3. Downtrend Momentum
The price is in a clear short-term downtrend (series of lower highs and lower lows).
Without a strong reversal signal (like a hammer, bullish engulfing), expecting a breakout may be premature.
4. Fundamental Risk Factors
Silver often reacts strongly to:
Interest rate decisions
USD strength
Inflation data
