Silver Mania Is Over — And The Late Bulls Are Trapped

Stuck in the hangover

Silver continues to churn inside the broader range after the sharp selloff blindsided the FOMO crowd. The $120 dream is still alive in some corners, but our base case remains unchanged, silver likely needs more time to consolidate.

Technically, the 8-day has crossed below the 21-day and is now rolling over the 100-day, while the 200-day sits much lower near $65. Near-term support comes in around $72, with resistance layered at $84–88.