WTI Crude Oil — Intraday Bearish Continuation Setup 🛢️

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WTI crude oil remains under short-term bearish pressure on the 1-hour timeframe, with price continuing to respect lower highs and rejecting from a key Fair Value Gap (FVG) supply zone.

This structure suggests the market is still in a distribution phase, with sellers defending resistance zones effectively.


📉 Market Structure Insight

• Trend → Bearish (Intraday)

• Momentum → Weak bullish pullbacks

• Structure → Lower highs intact

• Bias → Bearish below resistance

👉 The 105.00 level remains the key barrier for sellers to maintain control.


🔑 Key Levels to Watch

🔴 Resistance Zones (Sell Areas)

R1: 105.00 → Immediate resistance

Primary level controlling bearish momentum.

R2: 107.00 → Major resistance

Break above may weaken bearish bias.

R3: 109.30 → Higher resistance


🟢 Support Zones (Targets)

S1: 103.50 → First downside level

S2: 102.60 → Key intraday target

S3: 100.00 → Major psychological support


🎯 Trading Outlook

🔴 Bearish Scenario (Primary)

Trigger: Rejection below 105.00

Expected Path:

105 → 103.50 → 102.60 → 100.00

Pullbacks into 105–107 zone may offer selling opportunities if rejection confirms.


🟢 Alternative Scenario (Invalidation)

Trigger: Break above 107.00

Expected Path:

Weakens bearish momentum and may lead to a broader retracement toward 109.30.


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WTI Crude Oil — Intraday Bearish Continuation Setup 🛢️




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