*XAGUSDT Silver Analysis | Hourly Frame | 15/05/2026*
Silver has taken a sharp dive of 9.29% from the peak of 89.43, hitting a low of 77.66, and is currently trading at 79.23.
*Technical Situation:*
- The price is stuck at the middle band of 78.33, and breaking below it is bearish
- RSI is at 40.15, just exited the oversold territory, but momentum is still weak
- The high volume was during the drop, indicating panic selling
*Key Levels:*
*Resistance:*
- 80.48: Breaking this opens the way to 85.45
- 85.45: Strong resistance
*Support:*
- 77.66: Current low, breaking it = quick drop
- 75.52: Next station
- 70.56: Strong support
- 69.83: Old low, breaking it opens 65.59
*Scenarios:*
🔴 *Bearish*: Breaking 77.66 = Target 75.52 then 70.56
🟢 *Bullish*: Closing an hour above 80.48 = Bounce to 85.45
We are still in a correction after a strong rise. No confirmed reversal signal yet, so waiting is better than random entries.
_This is technical analysis, not a recommendation. Risk management first._
#TechnicalAnalysis #Silver #XAGUSDT #تداول
Silver has taken a sharp dive of 9.29% from the peak of 89.43, hitting a low of 77.66, and is currently trading at 79.23.
*Technical Situation:*
- The price is stuck at the middle band of 78.33, and breaking below it is bearish
- RSI is at 40.15, just exited the oversold territory, but momentum is still weak
- The high volume was during the drop, indicating panic selling
*Key Levels:*
*Resistance:*
- 80.48: Breaking this opens the way to 85.45
- 85.45: Strong resistance
*Support:*
- 77.66: Current low, breaking it = quick drop
- 75.52: Next station
- 70.56: Strong support
- 69.83: Old low, breaking it opens 65.59
*Scenarios:*
🔴 *Bearish*: Breaking 77.66 = Target 75.52 then 70.56
🟢 *Bullish*: Closing an hour above 80.48 = Bounce to 85.45
We are still in a correction after a strong rise. No confirmed reversal signal yet, so waiting is better than random entries.
_This is technical analysis, not a recommendation. Risk management first._
#TechnicalAnalysis #Silver #XAGUSDT #تداول