Trading Insights

WTI (Crude Oil)

Bearish Momentum Persists Despite Recent Gains

WTI capped at R1 60.845, with sellers dominating and downside pressure prevailing. Price needs to stabilize above immediate resistance to shift short-term sentiment.


Key Levels: Support at 59.057 │ Resistance at 60.845
Investor Takeaway: Bearish bias continues; market structure indicates sellers in control until resistance is reclaimed.