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.
Try Free Signals here : https://t.co/2BkxilNbVF
Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.
Tinggalkan pesan Anda sekarang