Silver Futures ( SI1! ), D1 Potential for Bearish Drop

Title: Silver Futures ( SI1! ), D1 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 24.750
Pivot: 22.940
Support: 20.805

Preferred case: Looking at the H4 chart, my overall bias for SI1! is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly head towards the support at 20.805, where the overlap support is.

Alternative scenario: Price may head back up towards the resistance at 24.750 where the previous swing high is.

Fundamentals: There are no major news.
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