WTI Crude Oil 1H Chart โ€” Key Rejection or Breakout Setup

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

๐Ÿ”ต Key Level Zone (67.80 - 70.18 USD)
๐Ÿ‘‰ Major decision area โ€” ๐Ÿ”ฅ Watch for reaction!
โš ๏ธ Potential for price rejection here.

๐Ÿ”ป Primary Bearish Scenario:
๐Ÿ”ต Price moves up to Key Level zone (Blue Box).
๐Ÿ”ด Red Dot โ€” Entry for potential Sell if rejection confirmed.
๐ŸŽฏ Target Point: 58.1 USD marked with a ๐ŸŽฏ and ๐Ÿ”ต Blue Dot.
๐Ÿ’ก Historical support zone here.

Alternate Bullish Scenario:

โœ… Break above 70.18 USD with strong momentum.
๐ŸŸข Green Dot โ€” Entry confirmation above resistance.
๐Ÿ“ˆ Buying Target: 77.12 USD marked and ๐Ÿ”ต Blue Dot.

Key Indicators:

๐Ÿ“ EMA 70 (68.44 USD) โ€” Dynamic resistance, price may react here.
๐Ÿ‘€ Price hovering below โ€” indicating bearish bias unless broken.

Trade Tips:

โœ”๏ธ Wait for rejection at Key Zone for sell setup ๐Ÿ”ป.
โœ”๏ธ Break & retest above 70.18 USD for potential buy setup ๐Ÿ”ผ.
โœ”๏ธ Use stop-loss to manage risk.

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