The silver price is nearing the end of green wave 4, expected to conclude within the $22.90 to $23.62 target range. After this, a substantial decline is anticipated in the form of green wave 5, projecting a drop below the $22.14 support level. This decline will also mark the conclusion of the overarching orange wave iii. The target zone is suitable for short orders, with stop loss orders suggested around 1% above the area.