*Overnight Session Open – Tuesday 2/24 → Wednesday 2/25*Micro Silver FuturesCOMEX_MINI:SIL1!EthicalxTrader**SI — Silver Futures (Mar 2026)** **1-Hour Chart Breakdown** *Overnight Session Open – Tuesday 2/24 → Wednesday 2/25* ⸻ ### 🔍 Key Observations • SI has completed a strong breakout from the descending trend structure that capped price through early February. • Price impulsed from the **76–80 base** and is now consolidating near **87.00–88.00**. • Current structure shows a tight compression just under prior supply near **88.60–89.20**. • Broader 1H structure has shifted from lower highs to higher highs and higher lows. • Momentum remains constructive, but we are sitting directly under a resistance shelf. ⸻ ### 📊 Key Levels to Watch **Overhead Resistance** • **88.60 – 89.20** → Immediate supply cluster • **91.38** → Major pivot • **96.37** → Higher timeframe resistance • **104.23** → Extreme extension **Support Zones** • **86.90 – 86.35** → Breakout acceptance zone • **85.30 – 84.70** → Minor pivot • **82.70** → Structural support • **80.60 – 79.38** → Trendline breakout retest • **76.30** → Major higher timeframe support ⸻ ### 🧭 Trading Plan **Bullish Scenario** Trigger: Acceptance above **88.60–89.20** on 1H continuation Targets: • **91.38** • **96.37** • Extension toward **100+** if momentum expands Risk: Failure back below **86.35** weakens breakout structure **Bearish Scenario** Trigger: Clear rejection at **88.60–89.20** and loss of **86.35** Targets: • **84.70** • **82.70** • **80.60 – 79.38** Risk: Strong hold above **89.20** invalidates short thesis ⸻ ### 🧠 Summary SI is compressing just under key resistance after a strong structural shift higher. Acceptance above 89 opens continuation toward 91+ quickly. Failure here likely rotates price back into the 85–82 support cluster.