Usman Salis
Silver is showing early signs of a technical transition. For several weeks, the metal remained under pressure, forming a sequence of lower highs beneath a clearly defined descending trendline from the February peak. According to Ekonomi Ofisi, whose 12-hour chart captures this setup, price has now moved above that trendline and is holding the breakout rather than reversing lower.
The prior downtrend appears to have lost control, with price stabilizing above the breakout area instead of slipping back into the old range.
This is a meaningful behavioral shift. What was previously a zone of rejection has become a base. The structure has flipped from declining to stabilizing, and that change matters more than any single candle.
The $72.5–74.5 Zone Is Now Acting as Silver Support
The 72.5–74.5 range is where the correction phase found its floor. Price consolidated within this band before pushing higher, and following the trendline break, that same region is now functioning as support.
Silver is hovering just above it, which reinforces the idea that the market is accepting higher levels rather than drifting back into the prior range. This kind of role reversal, from resistance during a decline to support after a breakout, is one of the more reliable signs that a structural shift is genuine.
When a former resistance zone begins to hold as support after a clean breakout, it often signals that the character of the trend has changed.
Silver Triangle Setup Points to a $150 Long-Term Target highlights how similar consolidation patterns have preceded expansion moves toward the same region.
Silver's $150 Target Comes Into Focus After Trendline Break
With the descending trendline broken and the 72.5–74.5 zone holding, the broader structure now points toward continuation rather than further correction. The chart outlines a long-term projection toward the $150 level as the primary target.
This view is consistent across multiple recent setups. Silver Targets $150 After Wave 4 Triangle describes corrective phases as preparation for a final upward leg, while Silver Holds $80 as Triangle Narrows Toward Next $120+ Move shows how price compression within structured ranges often precedes breakout-driven expansion.
A break of a descending trendline alone doesn't confirm the trend has reversed, but holding above it does.
The current setup depends entirely on whether price continues to hold above the broken trendline and the $72.5–74.5 support zone. If that structure stays intact, the correction phase looks complete and a broader move may already be unfolding. Silver has shifted from decline to stabilization, and the next leg depends on whether this newly formed support holds.
Usman Salis
