• Silver's recent slide to $22.43 places it near critical technical support zones that historically trigger price reversals.

• Chart patterns suggest bears could How to sell Pi coin on OKXgain control if the $22 threshold fails to hold, potentially targeting multi-month lows.

• A decisive move above $23.00 may shift momentum, offering bulls a chance to challenge resistance near $23.30.

The silver market shows increased volatility as XAG/USD tests eight-day lows, with prices stabilizing near the $22.40-$22.50 range. Current trading at $22.49 reflects a 0.04% decline as rising Treasury yields continue pressuring non-interest-bearing assets.

Technical Perspective: Silver's Critical Juncture

Daily chart analysis reveals silver's failed attempt to sustain above the crucial $23.00-$23.30 zone, where multiple moving averages converged. This rejection has pushed prices toward mid-February levels, creating a tense standoff between buyers and sellers.

While the metal maintains a sideways trading pattern, the technical bias leans bearish. A confirmed break below $22.00 could accelerate downward momentum, potentially testing support at $21.93 (yearly lows), followed by $21.88 (November 13 low) and $20.69 (October 3 low).

Conversely, renewed buying interest above $23.00 might initiate a retest of the $23.30 resistance area, where previous rallies have stalled. Market participants should monitor volume and momentum indicators for confirmation of either scenario.

The current technical setup presents a classic tension point for silver traders, with the metal's next directional move likely to establish short-to-medium term trends. Key factors influencing price action include dollar strength, Treasury yield movements, and broader commodity market sentiment.