Silver continues trading inside a well-respected ascending channel after a strong bullish impulsive move. Price recently faced rejection near the 82.10 resistance zone, showing signs of slowing momentum as buyers struggle to maintain breakout strength.
The current structure still remains bullish while price holds above the lower channel support and the key demand zone around 77.75–76.95. However, a confirmed breakdown below the channel could trigger a deeper correction toward support levels.
As long as the trendline support remains intact, buyers may attempt another push toward the upper resistance zone. Volume and price action suggest the market is approaching an important decision area for the next directional move.
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