Current price is showing heavy volatility with a -22.56% move in the last 24 hours. After a sharp sell off from the 97–100 zone, XAG found a strong bounce near 76.55, which acted as a demand base. Since then, price has shifted into tight consolidation around 85, showing that panic selling has cooled down.

On the 1H timeframe, selling pressure is clearly weakening. Candles are getting smaller, and price is holding above the bounce zone. This kind of structure usually signals base building after capitulation rather than continuation downside.