MCX Silver Futures – Intraday Analysis - 7th Oct., 25Silver FuturesMCX:SILVER1!ChartPathikSILVER1! Silver is trading at 147,600 and hovering right at the zero line (147,519), with price coiling in a narrow zone and recent whipsaws near both the long entry (147,307) and short exit (147,478) bands. Bullish Scenario Long Entry (147,307): Initiate fresh longs above 147,307, as repeated dips have found support here and buyers are defending this pivot. Consider adding further above 147,100 if higher lows persist and volume supports a potential breakout. Upside Targets: 148,603 (Target 1): First mapped resistance and key profit booking area. 149,273 (Target 2): Extended bullish target if momentum remains strong. Stop Loss: Use below 146,893 (short entry zone) to minimize risk from failed breakouts. Bearish Scenario Short Entry (146,893): Shorts are actionable below 146,893, defining a breakdown from recent support and a likely move lower. Downside Targets: 146,435 (Target 1): Next bounce and potential covering/buyback level. 145,765 (Target 2): Mapped extension zone for further downside. Stop Loss: Cover if prices reclaim and sustain above 147,307 to avoid losses on failed breakdown. Structure & Neutral Logic Zero Line (147,519): This is the current balance point—sustained holding above signals further buying and momentum setup, whereas persistent rejection or tight chop around this area raises risk of a correction back toward lower bands. Wait for a clear break above 147,600 or below 146,893 for clean directional trades.