WTI Crude Oil (30M) has rallied strongly toward the **81.30–81.60 resistance zone**, where price is showing signs of rejection. The chart suggests a potential bearish pullback after the resistance test.
* **Resistance:** 81.30–81.60
* **Current Price:** ~80.79
* **Target 1 (TP1):** **77.77**
* **Support 1:** 76.30–76.60
* **Support 2:** 74.50–74.80
**Trade idea:** If price fails to break and hold above **81.50**, a move lower toward **77.77** could develop. A confirmed break below 77.77 may open the way toward the **76.30–76.60 support zone**.
**Bias:** 🔴 Bearish below 81.50
**Primary Target:** **77.77**
* **Resistance:** 81.30–81.60
* **Current Price:** ~80.79
* **Target 1 (TP1):** **77.77**
* **Support 1:** 76.30–76.60
* **Support 2:** 74.50–74.80
**Trade idea:** If price fails to break and hold above **81.50**, a move lower toward **77.77** could develop. A confirmed break below 77.77 may open the way toward the **76.30–76.60 support zone**.
**Bias:** 🔴 Bearish below 81.50
**Primary Target:** **77.77**
Trade active
Active 
t.me/+bw2yyVXFbu83Zjg0
Learn trading through educational market insights, price action, and chart analysis.
t.me/+bw2yyVXFbu83Zjg0
Join my Telegram for regular learning content and trading ideas.
t.me/+PXFms68v6dplOTI0
Learn trading through educational market insights, price action, and chart analysis.
t.me/+bw2yyVXFbu83Zjg0
Join my Telegram for regular learning content and trading ideas.
t.me/+PXFms68v6dplOTI0
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
t.me/+bw2yyVXFbu83Zjg0
Learn trading through educational market insights, price action, and chart analysis.
t.me/+bw2yyVXFbu83Zjg0
Join my Telegram for regular learning content and trading ideas.
t.me/+PXFms68v6dplOTI0
Learn trading through educational market insights, price action, and chart analysis.
t.me/+bw2yyVXFbu83Zjg0
Join my Telegram for regular learning content and trading ideas.
t.me/+PXFms68v6dplOTI0
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.