Silver is getting pretty interesting at these levels. Price is still holding above the $60.86 support, while the $65-$65.50 zone is shaping up as the main area to watch.

I’m leaning bullish here, but I’m not looking to chase the move. If silver can break and hold above $65.50 on the 4H, I’d be looking toward $68+ next.

The fundamental side also gives the setup some support. Supply is expected to remain in deficit, while AI, electronics and broader industrial demand continue to create structural demand for silver. A softer dollar and lower yields would be another positive catalyst.

The main thing that keeps me cautious is solar manufacturers reducing their silver usage as prices stay elevated.

For me, the setup is pretty simple:

$60.86 holds → bullish bias remains
$65-$65.50 breaks → $68+ comes into focus
$60.86 loses → reassess the setup

Not calling a breakout yet. I’m just watching how price behaves around $65.

What are you watching here, breakout or rejection?