WTI is currently showing a mixed technical structure, with the broader weekly trend remaining bearish while the lower timeframes are showing signs of short-term strength.


TECHNICAL STRUCTURE Daily Chart• An Inverted Hammer is visible, suggesting potential rejection of lower prices.• Price is trading above the 20-SMA, keeping short-term momentum supported.• A sustained move above nearby resistance would strengthen the bullish case.


4H Chart• The structure is showing bullish continuation.• Buyers are still attempting to maintain control on the lower timeframe.• Holding above key support zones could keep this momentum intact.


 1H Chart• A Double Top formation has appeared.• This signals potential exhaustion near resistance.• A confirmed break below the neckline/support could increase selling pressure.


WEEKLY TREND: BEARISH


Despite the short-term bullish structure, the broader weekly trend remains bearish.


This means rallies may continue to face selling pressure unless WTI can break and sustain above the major resistance levels.


INTRADAY BIAS: BEARISH → NEUTRAL


Preferred Strategy:


Sell on Resistance RejectionIf price reaches resistance and shows clear rejection, sellers may look for a move back toward support.


Sell on Support BreakdownA confirmed break below key support could signal renewed bearish momentum and open the way toward lower levels.


Bullish ShiftA strong breakout and sustained acceptance above major resistance could invalidate the immediate bearish setup and shift the intraday bias higher.


MAJOR SUPPORT LEVELS


85.40 — First key support84.10 — Important downside level83.05 — Major support / bearish target zone


MAJOR RESISTANCE LEVELS


88.10 — First resistance89.00 — Key resistance90.40 — Major resistance / bullish confirmation zone



WHAT TO WATCH


WTI is currently caught between short-term bullish momentum and a broader bearish trend.


The key question is whether buyers can push through 88.10–89.00, or whether sellers will step in and force a breakdown below 85.40.


 Above 89.00: bullish momentum could strengthen.Below 85.40: bearish pressure could accelerate.Between these levels: expect consolidation and wait for confirmation.


Key takeaway:Don’t trade the bias alone. Let price action confirm the direction at these key levels.


Always use proper risk management and avoid overleveraging.


Success in trading comes from discipline and risk management.