Silver Futures Dip Below Mid-Bollinger Band

• The price is currently trading below the middle Bollinger Band, which is typically a 20-day simple moving average. This indicates weakness and suggests that the short-term trend is turning bearish.
  
• After the sharp rebound in April, price has been unable to make new highs. The chart shows a lower high structure, indicating diminishing bullish momentum.
  
• The 33.00–33.50 zone, previously a support area, now acts as resistance. Price rejection in this zone reinforces bearish control.
  
• Recent daily candles show multiple bearish rejections (long upper wicks), followed by red candles. Sellers are consistently active above the midline.