WTI Crude Oil 1H Chart — Key Rejection or Breakout Setup

WTI Crude Oil (1H) Chart Analysis with Emojis:

🔵 Key Level Zone (67.80 - 70.18 USD)
👉 Major decision area — 🔥 Watch for reaction!
⚠️ Potential for price rejection here.

🔻 Primary Bearish Scenario:
🔵 Price moves up to Key Level zone (Blue Box).
🔴 Red Dot — Entry for potential Sell if rejection confirmed.
🎯 Target Point: 58.1 USD marked with a 🎯 and 🔵 Blue Dot.
💡 Historical support zone here.

Alternate Bullish Scenario:

✅ Break above 70.18 USD with strong momentum.
🟢 Green Dot — Entry confirmation above resistance.
📈 Buying Target: 77.12 USD marked and 🔵 Blue Dot.

Key Indicators:

📏 EMA 70 (68.44 USD) — Dynamic resistance, price may react here.
👀 Price hovering below — indicating bearish bias unless broken.

Trade Tips:

✔️ Wait for rejection at Key Zone for sell setup 🔻.
✔️ Break & retest above 70.18 USD for potential buy setup 🔼.
✔️ Use stop-loss to manage risk.