$XAG Perpetual is showing a technically important session with strong two-way price action and clear levels forming on the chart. Price is currently trading around 91.55 after a volatile move that defined the day’s structure.
During the last 24 hours, $XAG printed a high at 93.81 and a low at 86.55, creating a wide intraday range and confirming increased participation from both buyers and sellers. The sharp drop from the 93.81 area was aggressive, indicating heavy profit-taking or short-term distribution. However, the reaction from the 86.55 low was equally notable, showing strong demand stepping in at discounted levels.
After the bounce, price has been gradually reclaiming lost ground and is now consolidating above the 90.90–91.00 zone. This area is acting as a short-term pivot. Holding above it keeps the recovery structure intact, while acceptance below it could invite another retest of lower support.