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**
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Join my Telegram for regular learning content and trading ideas.
t.me/+PXFms68v6dplOTI0
Learn trading through educational market insights, price action, and chart analysis.
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Join my Telegram for regular learning content and trading ideas.
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